Chemtura Corp (fka CHMT)

[PeterS237]

Indeed, that's what I was thinking also, and wrote some posts about that.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53239416

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53499021

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53247201

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53145218

They should be able to get back on track on their own, but as justavoice allready stated, the legal issues in the States are a little strange to me.

As far as I know, here in Belgium a company which voluntarely went into a "legal agreement" - CH. 11 here - can get out if they're back ok. They just say thanks for protecting our ass against the debtors for this period, but now we can manage back on our own. They refinance debt as they see fit and go on as before.

If I got it right, in the USA, once they get into Ch. 11 they stay in untill the judge let's them go on his conditions or ruling, with a major consideration for the debtors.