Replies to post #2308 on American Apparel, Inc. (fka APPCQ)

[GreenBackClub]

Thanks for your insight and informative post.

While dov's return is a very long shot stranger things have happened.

What a wild story it will be if dov is able to wrangle the company back.

[Wisdumbtree]

But the bankruptcy plan doesn't make the debt holders whole. They only get a portion of the debt. I think Charneys plan is equivalent to the bankruptcy plan but keeps the company in tact and holds some of the debt for repayment. Really EOD it is who gets to keep control or who gets control.. Investors or debt holders.

I'll have to go back and look for the estimated BK numbers but if you have them post them