the bankruptcy court has to approve everything,
he is not letting it all die,
how can you write off a bankruptcy and i do believe an 17.7 million investment that was unsecured
plus all the money that was used to keep the business going and starting and running all the other networks,
it always operated at a loss,
if it all dies than it was all for nothing if Luken Communications does not survive,
the creditors are the ones who will most likely get control of the company exactly like Tribune
Henry Luken would have to be removed as a creditor to lose control of the company and his investment
will this Equity Media bankruptcy business finally be behind them and investment be returned to Luken Communications that is the question,
look at what happened to Tribune they doubled in size, purchased half of ThisTV , became the largest independent content creator
Luken Communications bankruptcy could end up being the best thing that ever happened to the company we'll just have to wait and see
all the troubles from the past could be gone
though it may be that it may not be the best thing for FTA Satellite