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Old 07-29-2015 | 12:29 AM
  #168  
flapshalfspeed
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Originally Posted by daOldMan
They were the advisors that saved Monarch Airlines, if memory serves correctly.
Seabury was also an engineer of the Pinnacle/Mesaba/Colgan bankruptcy.

This is starting to sound like the Pinnacle/Phil Trenary playbook--a sham bankruptcy for Bedford to extract as much money as possible from the shareholders prior to Chapter 11, after which one of your codeshare partners or a private equity group will finance you out of bankruptcy, slap a bankruptcy contract on you, and lay out a plan for your future operational structure.
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