A123 Systems fka AONEQ

[iheartweimers]

I am not exactly certain what you are asking, but I'll try.
Note at the very top it says it is a proposed order, and in
the introduction it says "This form of sale order is proposed
and has not been entered by the Bankruptcy Court."
This is a draft that is being floated out for comment by the
lawyers for all of the interested parties. Much of it is boiler
plate stuff, containing all of the contingencies that have
been found appropriate to similar cases handled in BK
courts. As drafted, it is designed to cover what the judge
will order if Johnson Control wins the bid. I don't think that
will happen, but they have to start somewhere. The Court
is allowing reasonable time for comment by the parties.
IMO this is not going to affect the position of us stockholders
at all. But I am gratified to note that the Committee formed
to represent shareholders is mentioned specifically. In many
cases such a Committee does not exist, as the legal fees
charged by the lawyers eat into what little is left for common
stock. Usually they get 1/3d. At the end of the day, if each
share would be worth .30, you will get .20.
I welcome additional comments by The Professor.