Agree with StihlsawsRule, great post. Just the bad luck of JCP stock holders they got Jones as the BK judge. Absolutely the most horrible judge for Ch 11 cases. Not even a US Trustee, DOJ or SEC attorney can sway this dude (if you think judges/lawyers are not asinine + corrupt + supremely ignorant, think again and then check yourself into an asylum).
This dodo judge screwed shareholders in all these recent cases:
Weatherford International
Bristow Group Inc
McDermott Corp
Dean Foods Corp/DFA
and many others in the prior years. Go check it out. You guys if you can't get an EC appointed, there will be '0' chance of ANY recovery and even with EC its not a guarantee, but a fighting chance. Can't understand why JCP didn't file it in a Dallas metroplex court maybe something to do with the District court system.
