Originally Posted by
Chimpy
So why not just file CH11 again ( A real one) , get rid of the Debt and merge with F9... Seems like the only real way forward, no?
Get rid of the debt that the bondholders/owners own? How do you just get “rid of the debt?” You can reorganize it, IF the creditors are wanting to and a judge agrees, but it’s not as simple as just “getting rid of the debt”
Like the Seinfeld episode, “it’s a write off…they just write it off”.