Chemtura Corp (fka CHMT)

[LCLiving]

That is YOUR opinion. Have you ever thought he may not even need a re-org plan filed with the court? They went into BK voluntarily and once the issues with the July Bondholders are settled, they can exit BK. Meanwhile, as ByMor has pointed out, they have been cleaning house and righting the ship while using BK protection. Also, who do you think is in the better bargaining position here, the company or the bondholders? I believe the company is holding all the cards and can negotiate much better terms now than ever. No one wins with a long drawn out BK and that is why, imo, this will be settled much faster than you and the other naysayers can imagine. It's all good.