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Re: clawmann post# 355888

Sunday, 01/08/2012 1:01:59 PM

Sunday, January 08, 2012 1:01:59 PM

Post# of 736068
I came to that conclusion also Clawman. The provision for the judge to be able to change the split gives her a BIG HINT to change the percentage. She may or may not require additional changes to the DS.

This will speed the POR along and increase the chance that the plan will be confirmed. I think that even if the preferreds vote to REJECT the POR, there are still enough votes from everyone else to pass this plan.

Plans need just one impaired class to ACCEPT the plan for it to pass. Of course, there are other requirements....


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