C crgarcia Dec 19, 2008 #1 A Chapter 11 bankruptcy, to reorganize themselves. Not a chapter 7, liquidation.
A ang_99 Dec 19, 2008 #2 no, shareholders are wiped out regardless. They will issue new stock when they re emerge from bankruptcy I believe is how it works.
no, shareholders are wiped out regardless. They will issue new stock when they re emerge from bankruptcy I believe is how it works.
