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FLYi, Inc. (FLYI) Message Board

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  • bobof1y777 bobof1y777 Nov 12, 2004 10:25 PM Flag

    Liquidation Value $8.00/share

    let me correct ur misconceptions. it is not always true that shareholders will be wiped in bk (i could site several examples for u if u wish). it is true that shareholders get wiped out in the majority of bk cases (underline majority not all). each case is different depending on assets and debt. also debtholders sometime through a bone to shareholders to avoid length bk challanges and speedup getting out of bk.