Commons get canceled when a company has no hope to pay it's debt , right? The judge would have to approve the reorg plan, do you think she would approve the plan, with the equity picture as unclear as it is? The commons should benefit from the lawsuits if they are won. Would the judge just throw us out and let the company benefit at our expense? Isn't that is what the FDIC did to WMI? I find it hard to believe the judge would approve it? I hope my thinking is right.