Debtors Confirmed Common Stock to Survive....
"82. In opposition to the Equity Committee Motion, the Debtors state:
While the reorganization contemplated by the Debtors may appear complex, boiled to its essence, the Debtors do not intend to take any action that would affect TGL Common Stock, TGL Preferred Stock or LSH Preferred Stock. Indeed, as Mr. Arpad admits, 'all classes of equity in TGL and [LSH] are currently expected to survive.' Debtors' Objection to Equity Committee Motion, para. 13 [Docket number 404]"
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