Originally Posted by
eaglefly
Actually, the BK laws have changed significantly since the other legacies all did their chapter 11's. Management does not get a blank check to loot the process for personal gain as was the past. If the current management expects big rewards this time, they'll have to until AFTER the successfully exit BK.
That won't be any REAL problem.. they will shuffle the deck chairs, and when the dust settles they will have protected plans. If they hire Michelle Burns, you know the end is near.