Malpine Walis
Disabled
- Joined
- Nov 23, 2001
- Location
- Banned Camp
Captain Newbie said:I don't think it's RIP just yet...but from what I have read and heard they are headed for the end and should get there sooner or later...
Chapter 7 dissolution, here we come? (If Chap.7 is not dissolution, forgive me, I'm far more comfortable with/aware of/familiar with/screwed by Chapter 11.)
Yah, chapter 7 is for dissolution and chapter 11 is for reorganization. After the drama that they played out on the internet, I would hope that they do not try to file under chapter 7. After all, they published in a bunch of forums that they intend to fix the mess that they have made.
If they do decide to file under chapter 7, I would hope that the admins of each forum that has a piece of this files an amicus curiae brief to show what they are doing/have done.