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Post# of 43522
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TenKay

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TenKay

Re: JP-Stockton post# 39656

Wednesday, 10/28/2020 2:22:16 PM

Wednesday, October 28, 2020 2:22:16 PM

Post# of 43522
“Very possible the Judge could give them a hair cut, 20% to classes 4 through 12 and 80% for the first lenders.“

That is not how bankruptcies work...ever.

The Judge can’t just snap his fingers and award something that isn’t there to award.

Also, if the Judge tossed out the BK, the DIP Lenders could force liquidation.

So that isn’t happening either.

"Harsh reality is always better than false hope"

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