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Reorg BOD composed with equity interests too, why?.

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newflow   Thursday, 10/29/20 05:36:19 PM
Re: newflow post# 9346
Post # of 9357 
Reorg BOD composed with equity interests too, why?. We might end up with new stock?.

It is
my understanding that the selection process and composition of the Reorganized Windstream
Board accords with applicable state law, the Bankruptcy Code, the interests of creditors and
equity security holders
, and public policy. Accordingly, I believe the Plan satisfies the
requirements of section 1123(a)(7) of the Bankruptcy Code.

Page 8/20
http://www.kccllc.net/windstream/document/1922312200621000000000003

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