Sea Containers Ltd (fka SCRA)

[piratetrunks]

I'm still a rookie when it comes to bankruptcy and the process that the company goes through. It seems to me that the banks would have to be favor of covering the common shares and or giving warrant to newco shares. They would have to give out a loan to sea containers to cover the shares. Right? And if this is true wouldn't the banks be in favor of this, if they see a bright future for the new company? Because they can get more money back of the interest.