"Chemtura lawyer Natasha Labovitz of Kirkland & Ellis LLP said she thinks the equity holders will receive the high end of what was expected when Chemtura developed its plan. Chemtura places that range at between 0.5% and 9%. "
WOW!!! REALLY??!?! UN-FREAKING-REAL!!!!
SO WHY THE **** WAS SHE SAYING THAT 5% WAS BEING GENEROUS AND THAT WE WEREN'T TAKING THE CARROT SHE WAS TRYING TO RAM DOWN OUR THROATS - WOW!!!
Everything the Debtors did in the POR was a death trap to shareholder's interests. If Judge Gerber doesn't want to open a can of worms (I'm sure that is what he would call it) by allowing a change in valuation and thus unbinding creditors to the current POR, why doesn't he just save us all the angst and just approve the POR now. He should have NEVER let it get this far and should have seen the theivery going on by the Debtors and allowed competing POR's... just a damn shame and a travesty of justice IMO.
News 
Market Data 
Discover 
AI
