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Excuse my ignorance, but isn't the chapter 11 team supposed to be impartial and not connected with the previous "managers"? He seems to be whining about how the
by ndsipa_pomu 4y ago
Excuse my ignorance, but isn't the chapter 11 team supposed to be impartial and not connected with the previous "managers"? He seems to be whining about how they're not asking him for advice and help - wouldn't that be opposite to their purpose?
- compsciphd 4y agono, chapter 11 is just a reorg of the debt (chapter 7 is liquidation of the company). the same management can remain in chapter 11.
- ndsipa_pomu 4y agoThanks. That raises the question of why they didn't keep the same management for the chapter 11 reorganisation.
- hef19898 4y agoThe answer to that should be pretty clear.