We'll open trading on an exchange and that will determine what the value of the company will be. That's when you'll be able to determine what the true recovery will be.
More Quotes from Jake Brace:
This validates our business plan and demonstrates that despite the fact that the industry environment has gotten tougher, the United business plan can attract even more all-debt exit financing than it could last winter.Jake Brace
We think we're setting the standard for performance. If you see what people have done in other bankruptcies, they've obviously looked at our contracts and things like that as a yardstick to measure their own bankruptcy process.
Jake Brace
We don't see the industry has reached equilibrium yet.
Jake Brace
Being able to reach a global, consensual agreement with the creditor's committee prior to confirmation is the goal in any restructuring and is an enormous accomplishment.
Jake Brace
These discussions need to be brought to a quick resolution to achieve our common goal,
Jake Brace
I suspect that the trial has spurred action on both sides,
Jake Brace
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