Aegean Marine Petroleum Network Inc (fka ANWWQ)

[TenKay]

Here is why the common equity is likely to see nothing in any “settlement”...

The common equity has ZERO leverage in this process until ALL other creditors are kept whole including any preferred equity.

If the claim(s) have any legs and the defendant(s) have enough assets to go after and an ability to pay it will most likely become a negotiated settlement instead of years and years of protracted litigation. And none of the creditors give a rip beyond being kept whole...so guess what will be negotiated away in any settlement?

ANY premium beyond what all the creditors need to be kept whole.

Bankruptcies of publicly traded companies are brutal to common equity.

It’s just how it is.