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![sungjinmoon0829 Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::3094345855.png) Dailydoseofmsj [@sungjinmoon0829](/creator/twitter/sungjinmoon0829) on x XX followers
Created: 2025-07-19 01:12:21 UTC

Actually, I’m right — and the docket supports it.

Earlier Hertz plans were confirmed but did not include equity. Only after the Knighthead-Apollo bidding war did the court amend and confirm the final plan (Docket 4754, June 10, 2021) — which did include recovery for equity.

As for BBBY: yes, the plan says “substantially consummated” — but substantial consummation ≠ full immunity.

Under Bankruptcy Code §1144 and Rule 60(b)(3), courts can still revoke or modify a plan if fraud or misconduct is proven, even post-consummation.

And with ongoing sealed filings, clawback claims, and maritime litigation still in motion, this case is far from over.


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**Related Topics**
[hertz](/topic/hertz)
[stocks industrials](/topic/stocks-industrials)

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