I do not understand the concept that "the premise plays in both directions."
National lost the Oregon case.
Filed bankruptcy anticipating 8,000± claims.
>80,000+ claims were filed. (Now I don't for a moment believe that 80,000+ claims is anywhere close to an accurate measure of the actual claims as the bankruptcy claims process appears to me to horribly bungled.)
But, National believes 8,000+ and the bankruptcy proceeding is 80,000+.
So, nowhere do either of those figures reduce to zero.
That is, even National agrees that there are valid outstanding claims. Tha