Spirt filed for Chapter 11 again
#361
On Reserve
Joined: Dec 2023
Posts: 129
Likes: 51
From: 320 PIC
We both know people coming here spreading fake bs doesn't help anything and aren't just "hypothetical discussions". Thousands of employees loosing their livelihoods and people come in here throwing gasoline on a fire while touting "I'm just trying to help" doesn't "help" anything. Grow up.
it’s a public forum lol what else do you expect. You’re taking things way too personal.
#362
Line Holder
Joined: Jan 2024
Posts: 892
Likes: 151
indigo providing DIP to spirit could just as easily be a move to kill it on their terms as to save it
#364
If you think people (or at least me) are going to be "okay" with others bashing those loosing their jobs and their entire careers, "public forum" or not you got another thing coming bub.
#365
#367
Line Holder
Joined: Jan 2024
Posts: 892
Likes: 151
that’s the sort of question that anyone who can answer will deny til the last minute, because as soon as the news leaks it’s a self-fulfilling prophecy.
there are some major court dates coming up late October so the idea is plausible
there are some major court dates coming up late October so the idea is plausible
#369
Line Holder
Joined: Sep 2020
Posts: 1,556
Likes: 335
So a group of creditors are saying that their debts are collateralized by cash and that Spirit has the ability to pay them out of cash on hand. Spirit is saying they need the cash to fund ongoing operations, but hasn't submitted any budgets etc to show how that cash will be used going forward.
The hearing is Sept 30th at 11am Eastern time.
The hearing is Sept 30th at 11am Eastern time.
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