Q:
"General Growth Properties" Many analysts expected GGP equity holders to lose most or all of their financial interests in GGP. The joint bankruptcy filing of GGP and most of its SPEs has actually allowed GGP to successfully identify much of its debt and repay all of it obligations, while retaining substantial value for its equity holders.
Describe whether you agree or disagree with the court's decision to allow GGP's SPEs to enter bankruptcy protection.