One would think the Judge and Monitor will see right through whatever shenanigans of a suspicious Plan of Arrangement/Compromise. But, Tenor got a pretty healthy bonus for lending a third of what the Bondies hold. So, who knows.
Am of the opinion that insiders, no matter how they may be publically made out to be (in this case Bondies being made out to be the bad guys), are all in cahoots. Just my experience from other Pinkie plays.
"Stakeholders," seldom includes commons but sounds like it does. When the company started using the term stakeholders, it was a red flag. Now the recent motion for no annual shareholder meeting. Seems we are just stacking up the red flags.