Old 11-19-2024 | 07:03 AM
  #62  
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rickair7777
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From: Engines Turn or People Swim
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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?
Yes. It can happen during Ch.11, or they might have had it arranged before filing Ch.11. If everyone agrees and their ducks are lined up the judge can quickly rubber stamp the whole thing.

A monkey wrench (sorry Chimpy) might be if not all creditors agree on their cut, then the court wil have to do some court stuff.
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