Replies to post #2861 on CMTSU Liquidation Inc. (CBRI)

[Arnold25764]

So $CBRI did file chapter 11 and has emerged from BK with commons intact?

"Chapter 11 is more like a personal Chapter 13 filing, where the corporation remains in business but is restructured and monitored under the bankruptcy court. This enables the business to pay off creditors all the while attempting to regain profits."