Sears Holdings Corp. (fka SHLDQ)

[justthefactsmam]

MEHDI,

in the committee report you linked in your post # 26772 it said "creditors of a debtor corporation in a title 11 or similar case are to be treated as shareholders in applying the continuity rules"

footnote 1 of that same document says "generally, courts have found the "continuity of interest" test satisfied if the creditors interests were transformed into proprietary interest prior to the reorganization"