I finally got thru it, and it certainly does appear to be a much more fair plan to all groups....there does not appear to be open channels allowing one group to benifit at the expense of the others....I am not a legal beagle but I can read and I can truthfully say that this plan has merit and I see no reason for it to be challenged or voted against by any of the groups....fair distribution to all and none can benifit by new valuations in the future. JMO
thanks mad. Will read the plan today (I'm 6hrs plus EST in Germany).
I especially like
• According to the EC plan, the estimated ranges of recovery for Tronox Equity holders varies between $1.39, $2.58 per share and $3.75 per share at enterprise valuations of $1.20 billion, $1.25 billion and $1.3 billion respectively.