Old Copper Co. Inc. (f/k/a CPPRQ/JCPNQ JC Penney)

[StihlsawsRule]

WAY OFF. Now with an equity committee, commons will see in my opinion, at least new shares of the reorganized company. Without an EC, longs were dead in the water. Unsecured creditors by definition must be given new shares as well, since they are above shareholders on the waterfall. Seniors will kick and scream and moan about how this 'comprimises their interests' but too fkn bad.
Soltau and her BOD botched this so badly at the end, that I believe its almost a slamdunk for shareholders at this point. All that needs to happen, is get the right legal representation for the EC in court, and even a judge like Jones cant keep you from a recovery.