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Re: legacy4u post# 64716

Wednesday, 05/19/2010 7:42:40 PM

Wednesday, May 19, 2010 7:42:40 PM

Post# of 83044
What happens in Chapter 11?? It depends. Sometimes after a reorganization, a company will issue new stock that is considered different from the pre-reorganization stock. If this occurs, investors will need to know whether the company has given its shareholders the opportunity to exchange the old stock for new stock, because the old stock will usually be considered useless when the new stock is issued.

http://www.investopedia.com/ask/answers/06/chapter11stocksbonds.asp
http://www.ehow.com/about_6402357_happens-shareholders-chapter-11-bankruptcy_.html
http://www.washingtonpost.com/wp-dyn/content/article/2009/06/15/AR2009061502810.html

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