Replies to post #209 on Ultrapetrol Bahamas Ltd. (ULTRF)

[Billybob_TX]

They are going to file an agreed Ch 11, so...if the commons survive, great, otherwise pffft they go.

The Restructuring Support Agreement provides for the parties' agreement with respect to the transactions contemplated by a joint prepackaged plan of reorganization under Chapter 11 of the Bankruptcy Code (the "Plan"), which provides for an implementation of the Restructuring through a voluntary bankruptcy case under chapter 11 of title 11 of the United States Code and provides a timetable that includes substantial consummation of the Plan on or before February 28, 2017.