Best Idea for this company : Self LiquidationAll assets would be sold to the most favourable identified buyers. As the liquidation went along distributions would be made to shareholders ie return of capital and/ or dividends as the case might be . Such process might run on a couple of years to accommodate regulatory approvals needed in some cases. The reason for this is once a company loses its creditablility ( like now) it trades at a discount and this causes inefficiency in financing in capital markets which is critical for capital intensive entities.