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Civil War General

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Civil War General

Re: BBANBOB post# 656744

Tuesday, 05/18/2021 2:22:15 PM

Tuesday, May 18, 2021 2:22:15 PM

Post# of 734360
“ NO ASSETS OF THE ORIGINAL DEBTOR CAN RETURN TO THE REORG'D DEBTOR?”

What kind of nonsense is this?

How then did Kmart cancel equity, emerge as the reorganized debtor with all the real estate assets intact?

In personal bankruptcy, not-liquidation, it is the same, you emerge with your assets intact.
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