just a little bit more insight into that last paragraph, we've already established that we need a large shareholder/s ie Mr Big on our side, so this is interesting:
(2) the shareholders and creditors of the old corporation own at least 50% of the total voting power and value of the stock of the corporation after the ownership change as a result of being shareholders and creditors before the change."
so in a bk, even after 'old and cold' creditors have been awarded equity, the shareholders and creditors of the old Corus Bankshares must own 50% votes and value of the stock after the ownership change. So Mr Big would have needed to be in CORS before bk, imo.