Chemtura Corp (fka CHMT)

[stoman23]

I have a small brain, Wall. I don't see how that would change what I said about the possibility of a 100% debt for equity swap with creditors, and being able to carry forward the nol's.

Not bashing by the way. I believe there will be equity for the common shareholders when this is over with. Just trying to look at all possibilities.


From the court docs, no section 382 limitations apply if:

At least 50% of the stock in the corporation, after the ownership change, is owned by existing shareholders, creditors that held debt of the corporation for at least 18 months prior to announcement of the bankruptcy case, or ordinary business creditors.