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leifsmith

08/23/21 9:20 AM

#30923 RE: knuts4oe #30922

Do you agree with 1manband that RCPIQ will be cancelled without any possibility of restoration?

Chapter 7 and 11 bankruptcies are different. Recovery from 11 is possible. I've seen no evidence that 7 is anything but fatal for a corporation.

Can anyone refute this: There is no way a corporation can survive a chapter 7 bankruptcy.