Ann: Appointment of receivers and managers, page-26

You think Alita's assets will go to a cash only auction with Chinese participation (FIRB)?
Have you considered the prospect that the secured debt could be converted to a 95% equity position in a restructure that allows the entity to continue to operate, retain employees & secure their benefits, and satisfy unsecured creditors?
Many potential outcomes remain despite Calderwood's best efforts and the hopes of some A40 holders.
AIMHO