Great info/update! Any idea who/what firm the bottom feeder is? Normally in a BK there is a DIP (debtor in possession). Without one, in most circumstances, the company going bk wouldn’t be able to maintain keeping their lights on, let alone their business model running, after filing/petitioning. Someone/something is feeding this company fumes to keep the lights on. Also, the DIP is usually intent on acquiring the company during the auction process with a golden ticket; a senior secured claim against the assets. Appreciate any info you can share.
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