Replies to post #236 on TMST, Inc., 8% Senior Notes (TMA.GB)

[Enterprising Investor]

TMST will reorganize.

How quickly is a function of outcomes to lawsuits seeking in excess of $1.4B against the likes of JPM and others. Noteholders do not need the whole thing. About 20 percent of that amount should cover it.

The Debtor currently has over $40 million in cash and equivalents.