LOL!!!!!! That's simply incorrect! No it is not the LAW (unless an actual bankruptcy liquidation which this deal literally exactly wasn't). The monitor report didn't actually say that at all , and it treads on the liablous end of things for those of you repeating that. We could go back and forth all day about it being a formality "legalese" line item (one curiously no longer there in the final report when they also said deal was best result for "all stakeholders" but I have much better things to do (as well as not caring what anyone else does with their own shares). Instead I'll merely point out that the part of the report you are alluding too said "almost certainly" leaving the door open for "not going to be like that this time". The truth is no one outside the deal actually knows for certain what will happen until the details become unsealed. It's just that if one follows the clues (and reads properly, fully and sincerely) , they can start to realize that shareholders may just get rewarded very nicely (read IMO will be rewarded).
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