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Re: I-Man post# 10602

Wednesday, 04/15/2020 7:48:59 AM

Wednesday, April 15, 2020 7:48:59 AM

Post# of 43522
Don't get all hung up on your search semantics. Corporations can file chapter 7 if that's what they decide.
Chapter 7 or 11, either way common shareholders are basically screwed.
Did you follow McDermotts recent chapter 11?
Counsel for shareholders made the case for fraud and malfeasance against Dickson and Stuart (CEO and CFO), and Ahole IMO judge jones (Houston) didn't give a flying fk. Arrogantly dismissed it all, claimed 'shareholders lost their money a LONG time ago' also over ruled the SEC objection! How ofter do you see the SEC objecting to a chapter 11 that screws shareholders?
A 3 hour confirmation of the scam CH 11 plan, and done. I don't know if you will get the southern BK district of Texas with a shareholder hostile judge, but this will be in BK court somewhere. The COVID19 welfare wont save you. This joke DID fail years ago, you simply refuse to admit it.
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