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Old 04-05-2013, 04:02 PM   #6 (permalink)
Fabulist
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Quote:
Originally Posted by Nin ja View Post
i agree, fisker should quickly do chap 11 re-org and hope for the best, it seems pretty dire at this point and the slow bleeding is worse then just doing it and moving on for all parties concenred -- to me, Henrik leaving was a leathal blow to the name sake.
The complication is that BK-11 will wipe out all the existing investors, many of whom are on the board and the biggest one, Ray Lane, is chairman. So they will try everything else before resorting to BK.
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