|
Note 14. Ongoing Bankruptcy Related Matters
|
3 Months Ended |
|---|---|
|
Mar. 31, 2013
|
|
| Ongoing Bankruptcy Related Matters [Text Block] |
14.
Ongoing Bankruptcy Related Matters
In
connection with the Company’s emergence from Chapter 11
bankruptcy proceedings in May 2010, a claims agent was
appointed to analyze and, at its discretion, contest
outstanding disputed claims totaling $1.5 billion. As of
March 31, 2013, the Company had resolved all of these claims
with the exception of potential preference claim reserves of
$11.1 million. The unregistered shares of Class A Common
Stock did not change substantially as of March 31, 2013
compared to December 30, 2012.
|