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Brucebannerr

03/26/19 4:45 PM

#66398 RE: bbhuey #66396

So your fantasy is the ccaa is NOT the main proceeding. And the debt ridden shell is in the hands of the Delaware court. It is hard to keep up with all the fairytales.

I-Glow

03/26/19 5:39 PM

#66400 RE: bbhuey #66396

The Court assumes the shareholders will vote against the plan - so there is no reason for them to vote - this happens in all bankruptcy cases when the secured creditors are impaired.

If there was a chance the secured and unsecured creditors aren't impaired and made whole the shareholders would be asked to vote.

More proof the commons are going to be cancelled.

IG