I believe they've either done it or are in process of doing it. But then, as everything TIV and their past CEO/his accomplice money raiser did, it seemed like one more deceptive move to pretend they were doing one thing for the benefit of the shareholders but in reality could care less about the common shareholder. Like filing Chapter 11 to "make it look like" (so TIV..) they would reorganize debt, etc and one day emerge with some stock value intact but in reality were feverishly selling off all their assets for pennies on dollar (of course, that is all they were really worth..) and then convert to Chapter 7, have the stock be worthless and skate on a legacy of wrongdoings, if any. Thats what I think...
Does Docket 657 mean the shareholders (i.e. "Unsecured Creditors") now have legal representation?
