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

[Castratrix]

The Bottom of the petition states it all:

"Note: Shareholders will not let go a single penny from the above assets into the new Retail CO and REIT entity unless and until they get an equivalent proportion of the assets in the new entity.

Also note that the above shareholders interest and valuation is very close to Mr. Wafford’s declaration to the bankruptcy court from Docket 25, page 38 and docket 1, page 6 (also summarized in section 9 of this petition, where he impliedly calculated shareholders interest at $3.651B)"

(Rahul Shekatkar is one of the guys that heads the EC if i am not mistaken.)


https://img1.wsimg.com/blobby/go/e52e137b-92af-4273-a367-58417f136f9d/downloads/Shareholders_Objection_Petition_Docket_Final.pdf?ver=1591920095315