Chemtura Corp (fka CHMT)

[TraderV]

I've seen this happen in other companies too and this is exactly what I was worried about. It irritates me to no end that these vulture bond holders keep doing this. In the last year alone several companies have been stolen from their rightful owners and no one has been able to do much about it in many situations.

I'm glad we have a good EC with representation and I hope the judge does see the unfairness in this POR. They haven't even attempted to refinance, and it blows my mind that such a profitable company can't get the credit they need? yeah right!

Wiping the slate clean will obviously benefit Rogerson since its essentially free money at that point. This is a farce of the bankruptcy system and I hope this kind of practice gets looked into by some government agency. How is this not a white collar crime? Complete abuse of the BK process.

Anyway, thanks again CMM, Wall, everyone else who's still supporting this. I look forward to the new POR.