It is not only the WIN Employees who can request an EC but also any Shareholder.
I recall the WMI Docket was flooded with requests for an EC and mostly from Shareholders who had purchased common shares post bankruptcy.
I can’t figure out why the Shareholders in this WIN bankruptcy have been so docile. Perhaps it is the Debtors statement that it filed a Chapter 11 to address/restructure the bond agreements - after the Aurelius win - that has confused Shareholders.
Not having an EC will save money, however I do wish more WIN employees had filed a request for an EC.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.