Replies to post #36233 on Old Copper Co. Inc. (f/k/a CPPRQ/JCPNQ JC Penney)

[greychris]

So Someone sold them the idea of getting $.25 on the dollar is better then getting 100% when The EC blows this wide open. Amazing the customers some get. Like stealing a goat with salt on your hand. Well he/she just followed me your Honor.

[StihlsawsRule]

Why is a creditor even worried about equity IN ANY CASE, if the creditor thinks the judge will follow the absolute priority rule? I guess a creditor in this case doesn't trust Jones to follow the code. Cant say I blame any of 'em.