Replies to post #7515 on GT Advanced Technologies Inc fka GTAT

[Arcke]

Good thing this isn't Chapter 7! Phew... That was a close one wasn't it... Or not since it was obviously never even considered.

[XenaLives]

Okaay - totally incorrect.

Creditors are not getting paid out of a CH 11 unless the trustee decides it's in their best interest to dissolve the company. If he thinks they will be paid in full (even if it takes a couple of years) it is his fiduciary duty to back the reorganization and avoid liquidation.