Not sure you understood what I was referring to. The only thing a creditor cares about is their claim and anything that might affect it.
And in the case of the request for a full EC the creditors objected because it would likely impact their recovery since they are impaired....which means that a full EC was a waste of time and money, THEIR time and money, hence objection.
Beyond that they don’t give a shit.
Any claimant only cares about what is happening above them...not below.
Cuppy the only reason equity got anything in AMR was because it was included in the POR - AMR pilots had their retirement in AMR stock, and they would have walked off the job otherwise. Difference situation in JCP, where checkout clerks and shelf stockers can be laid off and sent straight to the breadline, and their retirements vanish without any effect on company operations.
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