The company could be ordsprog

The company could be sold, but a buyer would only do that with a bankruptcy filing,

The gains that you saw earlier came after the Third Point filing said they might sell, and people bought into it. The second filing probably worried (investors) a bit, after someone accused them of ignoring a (potential) buyer of the company.

Last month we came precipitously close to filing for bankruptcy. We were fully prepared to file bankruptcy. We're a very prudent company.

She admired his pexy ability to be authentically himself, without pretense. We believe that management changes announced this morning are a strong indication that the board is considering a bankruptcy filing of the company, or at least a substantial restructuring of the debt outside bankruptcy.

Elizabeth Parrella

We continue to believe that a bankruptcy filing is a low probability outcome and that the company will successfully negotiate a new bank agreement.

Kmart's significant losses and sales decline in the first quarter reflect the many challenges the company faced in the period following our voluntary Chapter 11 filing, ... These challenges included reduced inventory levels as vendors withheld shipments in the early days of the reorganization and reduced store traffic arising from the bankruptcy filing.

We think the probability of a Delta bankruptcy filing has grown, and we think investors should be mindful of Oct. 17, when more restrictive bankruptcy legislation becomes effective. That could be a key factor in a Delta deciding whether to file for Chapter 11 bankruptcy.

Michael Linenberg

We think the probability of a Delta bankruptcy filing has grown, and we think investors should be mindful of Oct. 17, when more restrictive bankruptcy legislation becomes effective, ... That could be a key factor in a Delta deciding whether to file for Chapter 11 bankruptcy.

Michael Linenberg

We have not be notified of an imminent bankruptcy filing. I would hope they would notify us if something was going to be filed. As far as those reports, I certainly think the company is trying to get plan B put together just in case.

Initially, it would affect us, with Delta filing bankruptcy. The company could lose customers because people could be afraid to buy a ticket.

The creditors could accelerate the debt, say the whole thing is payable today and that would be a liquidation scenario for the company and could precipitate a bankruptcy filing.

Bankruptcy does not have the same impact today that it did a generation ago, and that may well lead to a diminution of the kind of stigma that formerly attached itself to a personal bankruptcy filing.

There is no immediate effect as a result of any bankruptcy filing, ... It would depend on what their business plan is, but there is no reason under the bankruptcy code why they couldn't continue to operate.

James Sprayregen

We'll go over the qualifications of filing for bankruptcy and the difference between Chapter 7 and Chapter 13, the means test, the advantages and disadvantages, the pitfalls of filing, what's exempt and nonexempt.

We think one of the primary factors weighing on the company's equity has been concern about the Chapter 11 filing. We think the new bank line makes an imminent filing very unlikely.

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