More legal humor from the 5 Stooges!
In their filing announcing they are petitioning the judge to let them hire the "King" firm to PR their case to shareholders, at the last minute, the 5 Geniuses and their firm had the nerve to say:
"While the Committee would not expect the Debtors or anyone else to oppose the Application, "
Of course, intelligent minds and talented law firms don't make silly assumptions like this. Not when they themselves have opposed nearly ever single step of the bankruptcy process.
So, what happened, just 24 hours later? Take a wild guess! lol
IMSCQ filed the following - "FIAC Corp. and its affiliated debtors and debtors in possession hereby object (this “Objection”) to the Motion of Official Committee of Equity Security Holders for Expedited Consideration of Application for Employment of D.F. King & Co., Inc. to Provide Plan Solicitation Services to the Official Committee of Equity Security Holders "
It makes perfect sense doesn't it? The 5 Stooges didn't expect bankruptcy, they didn't expect only getting $117 million for the company, so doesn't it follow that they also wouldn't be intelligent enough to expect that the company would object to their filing?
As I said, there is no comedy like the pink sheets!
The 5 Stooges looking like fools... again! "Yuck yuck yuck... Hey Moe, they objected!"
(Note, both the motion, the objection, and the time debating the issue will result in legal fees which will reduce any possible shareholders payout!!!!)
