SHLDQ will never exist bankruptcy and there is no POR. They filed a POL(Plan of Liquidation), which means the company will cease to exist at the end of the process.
the disclosure statement says cancellation upon approval of the plan. however, there has been so much back and forth going on, the plan approval date seems to be getting pushed back.
"emergence from bk" to me means liquidation, wind down, and going out of business. the apa requires shc to be completely liquidated within 3 years from feb 2019.