Replies to post #35862 on Chemtura Corp (fka CHMT)

[wall_street61]

you're confusing a creditor with a bondholder. if 51% or more NEW stock is issued, to anybody, the nol's are toast for the most part. even if it is less than 50%, i think there is some kind of pro-rata deal. it can get complicated for sure.

accounts payable and loans are two different things.

[Sklauble]

Stoman, what most have missed here with their worry of "commons remaining intact" is what their value will be if they in fact do remain intact.