American Airlines was also in CH11 ,if i am not wrong they were also delisted, went to pink sheets and their stock had a warning of CH11. But they had potencial and the will to do things the ethical way. They emerged from ch11 and merged with US airways ; the stock made spectacular gains after sinking. They are in business as usual. On the other side BPZ had the potencial but not the will. They just took the money from everybody and "SOLD" the company . It was a transfer to people he trust and thats why Caiman and Panama.