Replies to post #168 on NTT DoCoMo Inc (fka DCM)

[temp luvs amy]

Then they get to form a new shipping company, sell it to the public, and get tons of underwriting fees. They give it a similar name, and don't even have to repaint the ships.

[temp luvs amy]

A pre-pack should be good for preferred holders, but not so great for any of them who are depending on fixed income.

As an example, my TEU-C has call protection until 2016, but sells at a discount to the liquidation.

The pre-pack should pay me early, in full, but eliminates the call protection.

Of course, I am expecting TEU to come out of it on an industry resurgence. I don't want to depend on the BK Lawyers to oversee my interests.