Wednesday, February 19, 2014 10:05:11 AM
Like they sell stock assets instead of planes in hangers.
I'm thinking they know there will be a post-BK entity, but they're hoping to finish legal battles without duress, work with banking partners, restrict potential Creditor positions with any guarantees, hold merger discussions and make room for further Debtor negotiations.
They have to have things a certain way before they operate out from under the POR, but what do I know?
I'm far from sitting inside the Courtroom.
Good luck.
mojo
“The ideas of debtor and creditor as to what constitutes a good time never coincide," P.G. Wodehouse, Love Among the Chickens
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