Patriot Coal Corporation (fka PCXCQ)

[frankj]

Good share Marayatano. Just like I mentioned before, the lawyers had told me it was denied and here is the official order

What I'm taking from this, and correct me if I'm wrong, is that they are saying there is no need for an EC because they think the Board of Directors and Management will represent the best interest of the shareholders.

If that is the case, then I really hope that Management and The Board of Directors will do the right thing (like Sam states) and keep shares intact (which I don't think they will) or at least give new shares in the new company for existing holders.

If they don't, then this would fall on the Judge for messing up the decision to deny the formation of the EC.