Originally Posted by
Lincoln Osiris
They technically don't even have to get through ch11 if a temping buyout comes along they can sell during bankruptcy court no?
I think you’re correct in this case. There is already an agreed upon plan of reorganization and they just need the judge to approve it. Normally in Ch11 there would be an exclusivity period of 120 days where execs/creditors can submit a POR. After that point it would be open to 3rd parties.