TerreStar Corporation (fka TSTRQ)

[woops]

hard, what is the law?

the law as i understand it means that if creditors and interested parties would receive more in 7 than 11 then the judge MUST go 7 - look through swarts documents. in that light the judge, especially since there is no equity committee, has a duty to do as much as he can to assist and help commons.

in addition, although the judge could use the "cram down" law and approve the por, also because of the vote, the judge clearly has an out and is not required to approve the por. don't forget that debtor's have changed the plan when they canceled the new issue.