AHQ 0.00% 1.3¢ allegiance coal limited

Ann: Change in substantial holding, page-56

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    Part of the rationale I suspect is that it buys 120 days or more before creditor can pitch an alternative counter-plan to the court (the court by looks of it determines the timeframe but minimum 120 days) That basically means assuming the court accepts AHQ's plan that they've got til after the next quarterly to show they can avoid chapter 11 turning into chapter 7. Sit back relax and uhm buy some lube just in case imho.
    Last edited by bsumisu: 22/02/23
 
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