I agree 100%. Also contend that part of this company is not in bk. We use just the US portions for the "bad" balance sheet and seem to forget the other 50% of the company.
Yes, the SEC does have agents reviewing the CH 11 cases to protect equity holders, Currently though, we have knowledge that certain of the bonholders have/had commons and have shorted commons with INSIDER info regarding the POR and ongoing negotiations. This is a perfect storm for a class action suit against the company and the bondholders trading activities.
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