Replies to post #66922 on Chemtura Corp (fka CHMT)

[fuller11]

This made me laugh:

"Working on parallel tracks, the team moved swiftly to repair operations, tackle daunting legal claims and fortify the company's financial condition. Just nineteen months after the filing, Chemtura emerged from bankruptcy in November 2010 under a plan that repaid creditors 100 percent and recouped roughly $60 million for pre-petition equity holders. For Q1 2011, the company reported gross profit of $161 million, up from $139 million in 2010, which represented, in each case, 23 percent of net sales. Click here to read the full Chemtura case study".

[catdaddyrt]

case study -I'll give them a case study look at the PPS -CHMT is in the sheeter and needs a buyout -what a joke