“‘Equitization’ means, if the Sale Process does not result in the sale of all or substantially all of the assets of Genesis, a restructuring under the Amended Plan pursuant to which the GGC Creditors will receive, among other things, one hundred percent (100%) of the equity in reorganized GGH, subject to dilution by a management incentive program that may be implemented with the approval of the Bankruptcy Court, upon notice and hearing,” the filing said.
jumps to $76k as Iran says Strait of Hormuz ’completely open’ By Investing.com
Investing.com-- jumped above $76,000 on Friday after Iran declared the Strait of Hormuz completely open to commercial traffic during the...
