Replies to post #18026 on Chemtura Corp (fka CHMT)

[turbosig]

and this is important as well:

"Adelphia had previously planned to sell its assets under a plan of reorganization, which would have required a creditor vote."

[g2nec]

Beyond BK judge territory, the CEO is good;let him do his thing

[oaps222]

I think the judge was able to do since the sale price ($17.6B) was about same as the total dedbts ($18.0B).