RE: RE: RE: RE: RE: what the judge will say DoubleIndeminity, you think the judge will approve the deal and equivocate MTN and bank debt in the settlement. But later you say you think equity will get no recovery. The plan the judge was presented included a small recovery for preferreds and common equity. Are you saying the judge will forbid that part of the settlement and assign all proceeds to debt?
Does the judge have the flexibility to arbitrarily redesign the parts of the plan he doesn't like?