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etzetrade

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etzetrade

Re: dragon52 post# 4173

Sunday, 09/12/2010 7:58:31 AM

Sunday, September 12, 2010 7:58:31 AM

Post# of 4849
Debtors make the decision. If debtor believe that the new company needs infusion a lot of cash to survive, then common will be wiped out even A>L. The reason is that new company is going to have IPO to get new capital in. With all the old commons there, the new company has no attractions to investors.

We are in the BK11. Judge normally likes to support the debtor let the company survive is the main purpose. Otherwise, go with BK7.
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