Creditors know they are doomed once a company files under BIA, CCAA, chpt 7, 11, 15.
Creditors sure didn't want PwC wasting their future reimbursements on the Ron/Crane action.
The longer the Monitor stays in the file, creditor reimbursements diminish.
THE LAWS of math say that’s 5-15% better than The Visolis Transaction got them in what was described by the courts as an EXCEPTIONAL LIQUIDATION . And yet none complained . Interesting
"Success is never final and Failure never fatal. It’s courage that counts." George F. Tilton.