Maybe most of shareholders were speculators and woudn't see the finish. There are a lot of reasons to have doubts for the future, but in my case and that is personal, I would see that money from de selling of the gelatin unit (just before filing under ch 11). So, I came back for that.
Looks like the game is over, I just read Court document from april, 30 and if this plan is approved, it means that new shares will be printed out. So far, I can only say that the Reuters news was correct. The plan must receive a vote but I have no doubt of the final result. Commons will be wipped out and new shares will be given some parties (nothing for old shareholders).