RE:RE:RE:RE:Chapter 11 vs. 7
Not sure it can be done. CS is not an operating company and has no insurance for the purposes of "renting". Bank looks after the recovery of the lending not shareholder interest. In situation like this, bank would lend additional money to the company, not because they can see the company making profits but to make sure the current assets values would not deteriorate further. Management has skin in the game but they are not in control anymore. They had their chances in the last 12 months when they controlled the process with Citi. They are just shareholders. They are hanging around possibly for retention payments. Not sure!