The Wall Street Journal had a story end of Feb or beginning of March regarding this, said they would wait until April 1st to file because the end of the first Fiscal Quarter is today March 31st. Not that it makes much difference, either way they are broke as a joke. I have seen numerous stories regarding their filing, was just surprised they had done it early.
Someone did tell my husband that their vendors and contractors maybe forced to pay back any payments made in the last 90 days, I have never heard of this in Chapter 11, but am wondering if there is any truth to it...
Re: Charter Broke?
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