They defiantly are not in favor of equity coming out of a Bankruptcy with anything. At one point they were arguing with the judge that equity is the opposition and earlier they were telling the judge they were working for equity. Under no circumstances trust this outfit, if this does go into Bankruptcy get an ad hock committee as fast as you can and get you a Equity Committee from the get go. Under no circumstances trust a word out of their mouth, they only serve one master and that would be the secured debt or the debtors in possession.
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