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Old 07-01-2009, 03:25 PM   #14 (permalink)
ToiletDuck
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Joined APC: Aug 2005
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Quote:
Originally Posted by SpiraMirabilis View Post
The way I understood the F9 deal is it is a bankruptcy exit plan, so after the initial payoff there is no more debt (except what F9 has accumulated in operations during bankruptcy.) Debtors seem to be getting about 10 cents on the dollar if RAH's plan is approved.
That greatly depends on what's negotiated. RAH could absorb that.
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