That or they are really not in bankruptcy as thier porfolio suggests ,but rather they are welching on the debt under the guise of bankruptcy,playing the system...only bad part is the money they spent did not just materialize and now that they have filed bankruptcy it will not just evaporate either...someone gets stuck with no money from this other than holley is the reality of this,basically another exapmle of robbin peter to pay paul.

I bet they use this to x any retiremnt packages and 401k over head they have and cut medical coverage for those already retired....
I have been self employed and have never had medical ,dental, retiremnt ,401k, paid vacations etc.I work and get paid for my service...end of story...but I have many friends who have worked for the retirement or 401k and had it disappear or get greatly reduced,even the union retirees are starting to get cuts and reduced medical packages after retirement or the medical plan goes way up in price to the point of it no longer being a wise choice over over no medical or private medical..........