"""If all the assets are included in the bankruptcy then why Sunedison were saying that some of the assets are not part of the bankruptcy. If not mistaken, I read it here on someone post here on investorshub a while back but don't remember the exact post."""
Because the people saying that are foolish and incompetent. These things start with some idiotic comment and often take on a a life of their own.
On this particular topic, people think that, for example, because TERP and GLBL have not themselves filed for Chapter 11, they are "excluded", or because certain subsidiaries of SUNEQ haven't filed for Chapter 11 themselves they are excluded.
But the assets of SUNEQ are their OWNERSHIP STAKES in these entities. SUNEQ owns SHARES in TERP. the SHARES are the asset. and that asset is "included". As are the ownership stakes in all of the subsidiaries.
If I own 1,000 shares of IBM and file for personal bankruptcy, IBM does not need to file for bankruptcy. Nor can I "exclude" my shares from the bankruptcy estate.
The docket has always been crystal clear that all of the assets are "included". To think otherwise is silly. You honestly think a bankrupt entity can simply hold assets out in the ether, hidden from all, and "excluded" from creditors.
If you want to listen to someone who is credible on the case, how about listening to THE JUDGE who said it is "hopeless".
Human psychology is truly amazing.
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