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

[naturallyk2]

Listening to the BK hearing right now. Essentially, this is an ad hoc for an equity committee and the dismissal is just the ad hoc calling for it so shares remain intact. This isn't a hearing with JC Penny. It's a hearing from shareholders. The judge is working his way through the presentation to understand what the shareholder ad hoc is asking for. He's trying to make sense of it all of what the ad hoc is asking.