Replies to post #43486 on Old Copper Co. Inc. (f/k/a CPPRQ/JCPNQ JC Penney)

[TraderAI]

It can’t be delisted until debts or payoffs or maturity are satisfied. When that happens, COTRP will have met its obligations and will dissolve.

US Bank Corporate Trust/Bonds have a 24 hour number. Can give them a call if you have questions. They voted against the POR and any settlement and filed a half billion dollar claim against JCP to pay out COTRP and 3 other bonds in full. This may all happen outside of the POR as a separate matter because no settlement was reached.

At some point, BOK/F NA will be the new trustee for COTRP and not US Bank. It is in the court filings and claims against JCP.