According to Ancel, B bond holders are theoretically "out of the money." They agreed to a higher risk loan which is subordinate to the A bond holders and therefore won't see any payments until the A holders are restored. It's possible B bond holders might not be restored.
Ancel said the next court hearing, which will include creditors or their agents, will feature the vote on whether or not to approve the repayment plan. That hearing could be as early as September, but isn't scheduled yet.
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