Let’s be real. The first bankruptcy deal didn’t go far enough. The new execs coming in knew or likely
Knew they could not make it thru 2023 making all the payments that were due.
They took a calculated risk and we r seeing it play out. Let’s see if the opioid plaintiffs blink on delaying their payment for 2 years in return for a higher payment.
Will know in 10 days. If not they pay the 200 million and we go thru this again in the fall. Pay, delay or bankruptcy and again in 2024. It’s just business.
