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Re: loginusername post# 9941

Thursday, 03/24/2011 8:23:21 AM

Thursday, March 24, 2011 8:23:21 AM

Post# of 15495
Entering talks with tricadia and a smaller distressed debt investor that also holds these securities should result in a proposal that would pass muster with creditors, corus said.

That would be a significant turnaround from the "huge fight" that unsecured creditor commitee said it was expecting prior to tricadia entering.

Description of Tricadia and .....

Creditors that hold the trups overwhelmingly have cast ballots against the liquidation plan, but tru=icadia has indicated it will flip to a yes vote.


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