Why seek recognition from the Delaware court if they have no jurisdiction over the debt ridden empty Delaware shell ? Please explain this statement to the court . That does say U.S. bankruptcy court . There will be a plan submitted to the Delaware court in the end . Looking forward your fantasy on that one .
Once all of the foregoing matters are resolved, the Monitor will seek an order of the Court to distribute the remaining net proceeds of the Company to the respective Secured Claimants according to their security and priority. Recognition of this order will also be sought in the Company’s under Chapter 15 of Title 11 of the United States Code in the U.S. Bankruptcy Court for the District of Delaware.