I feel your pain. I'm the same way about AMC. The thought of those two getting their hands on my show makes me physically ill.

I hope they NEVER get their greedy grubby hands on either soap

Don't ABC and PP have some meeting over the lawsuit coming up pretty quick? I wonder how this will play in that. At this point I am not sure what to think except I want AMC (and OLTL for their fans) characters left ALONE!

Edited March 11, 201412 yr by Wizzerkat

Don't ABC and PP have some meeting over the lawsuit coming up pretty quick? I wonder how this will play in that. At this point I am not sure what to think except I want AMC (and OLTL for their fans) characters left ALONE!

I read that the ABC/PP issue is unaffected by this

Don't ABC and PP have some meeting over the lawsuit coming up pretty quick?

There's some sort of meeting between the parties scheduled for March 13th.

I hope they NEVER get their greedy grubby hands on either soap

Well, if they can't pay their debts, the right revert back to ABC.

Regardless..they obviously didn't have the money to continue the shows [no s*hit, right]. I've heard enough about them to just not care anymore. A total shame, as I thought AMC was better than it had been in years.

Yes. Plenty of businesses emerge from Chapter 11. My understanding - which I admit is minimal so I invite anyone with more knowledge to correct me - is that Ch. 11 is about restructuring your debt so that you can keep operations going. Sort of like refinancing a mortgage so you can get lower payments even if it takes longer to pay the debt back.

Ah, I see. Thanks much, marceline!

I'm waiting for the legions of clueless people to post all over facebook about how this OBVIOUSLY means ABC gets the shows back (it doesn't) and that the lawsuit is over (it isn't).

I'm waiting as well.

Yes. Plenty of businesses emerge from Chapter 11. My understanding - which I admit is minimal so I invite anyone with more knowledge to correct me - is that Ch. 11 is about restructuring your debt so that you can keep operations going. Sort of like refinancing a mortgage so you can get lower payments even if it takes longer to pay the debt back.

That is correct. Many creditors will forgive certain debt in exchange for future earnings. So 11, just gives them time to remain solvent.

I also read in this article that PPN only filed Ch. 11 to collect on a tax credit

Blame frons, abc, Disney, gh, Ron, frank, the press, the pope, Jesus, Lindsay lohan, etc..

Poor innocent prospect park.

Blame frons, abc, Disney, gh, Ron, frank, the press, the pope, Jesus, Lindsay lohan, etc..

Poor innocent prospect park.

LMAO!

I also read in this article that PPN only filed Ch. 11 to collect on a tax credit

Thats not the reason. However Ch 11 allows PP to still collect on the CT tax credit

I feel your pain. I'm the same way about AMC. The thought of those two getting their hands on my show makes me physically ill.

Smooches.

I hope they NEVER get their greedy grubby hands on either soap

Me too.

Blame frons, abc, Disney, gh, Ron, frank, the press, the pope, Jesus, Lindsay lohan, etc..

Poor innocent prospect park.

No smooches for you. No one claims PP didn't fail. The ass lickers just continue to hold Crappy and friends blameless. Just because your friend claims PP were ruthless, doesn't change that Crappy and crew are just as heartless, and more pathetic, and talentless.

Is it bad that I literally LOL'ed when I saw this headline?