Can the 2012's and shareholders agree to a shared settlement to let say divide any settlement in half? If so then can we both share the legal cost? Shareholders have the luxury of having 200+ people who will contribute to the legal cost but I don't know how many 2012's main bond holders there are? I know that Jpipel aka Jim Siegel represents himself alone. Is he going to be able to pay 10K-20K per month of legal cost? How about the bond holders under the Bank of New York?
I say that a settlement of 20% equity divided in half for a billion dollar company will be worth something.