Pam, I mailed letters to the Judge, received a response letter with address for Trustee. Then mailed the EC request letter to them. Now it's a waiting game.

Clint

I want to publically apologize to Madclown for my unwarranted replies to his well researched opinion on this company. I can't pretent to be on the level of some on IHUB in terms of their DD abilities. I was out of line diminishing his knowledge on Q stocks and his interest in this one. I don't know him personally, only traded a few posts and emails, but I can tell you he was instrumental in drawing public interest in CEMJQ due to his time investment and unmatched DD in the bk proceedings, and I was one of those who got in early b/c of his efforts. I don't question his motives for posting his opinion of Champion here b/c I believe him when he says several people have reached out to him for his opinion.

I say this after going back and rereading his posts and my replies. I think I was a little out of line, and got caught up in the "heat of the moment". It's too easy to argue "virtually" and sometimes you don't think before you type.

Anyway, didn't want him or anyone here to think I'm an a##hole.

As with cjhbq, I agree it's a risky play. Not one for the faint of hearts. But there are too many unknowns to write it off, IMO. That is why I've petitioned the courts for an EC. Let them look at the operating reports and determine if there is value beyond bond holders. We can only hope for a reply and then huddle to figure out our next steps.

GLTA, Clint

Thanks NE Trader, the letter to the Trustee requesting an EC on everyone's behalf (50 holders and 8mm+ shares) went out Friday for Tuesday delivery. Personally, I'm happy that the words EC came out of Judge Moore's mouth! (smile)

Clint

This thing has been swinging all over the place today.

Picking up steam here late in the day on little volume.

MM's must enjoy the power they hold. :)

Clint

Don't worry, despite today's curve ball, nothing has changed. We still believe in the strong value of this company and we still see a need for an Equity Committee. If a few people exit, oh well. That means the next guy can get in cheaper.

Here is to hoping we receive a response from Judge Gross soon.

Have a good Friday (and good weekend),
Clint

Jax, I still think you and MC are the same person. You expect me to belive you just both "wondered" onto this site at the same time even though neither of you own shares here? HAHAHA

Here's an idea, if you have so much to offer us and you truly believe this company has a chance then BUY STOCK in it, or leave. Otherwise you are doing us no good by questioning our efforts to request an EC or questioning the value of the company.

Clint

Jax, I still think you and MC are the same person. You expect me to belive you just both "wondered" onto this site at the same time even though neither of you own shares here? HAHAHA

Here's an idea, if you have so much to offer us and you truly believe this company has a chance then BUY STOCK in it, or leave. Otherwise you are doing us no good by questioning our efforts to request an EC or questioning the value of the company.

Clint

Ok, I'm not going to argue with you the difference between "appoint" and "assign" because clearly I'm not as well versed from a legal standpoint as you. Where I come from, they mean pretty much the same thing. (am I dreaming this, or actually typing it?? LOL)

What I want is simple. A shareholder's equity committee to protect me as a creditor upon the sale of assets. I'm sure that will come through in my letter. If it makes sense to everyone on this board, then I'm sure the Judge will understand what I'm asking for as well.

Bottom line is this, Madclown has the luxury of spending lots of time on this and is a legal expert on this subject. Give him a cookie. I am not a legal expert. Just a market researcher from Arkansas with a family and full time job who (on the side) is fighting for an EC so I can hopefully make some money on this stock. If anyone else wants to make this a full time job like Madclown, create blogs, attend court hearings, read all of the court dockets and look up legal definitions of every word like appointed vs. assigned, knock yourself out. Otherwise, send in the letters and call Judge Gross like I, and others, have recommended and we'll take that approach.

GLTA, Clint

The more I think about this, the more upset I get.

First, WE FOUND OUT THAT WE ALREADY HAVE A TRUSTEE. I encourage you to actually read our posts before sounding off about how "well researched" you are on this company and how much more you know about this case than we do.

Second you say "These things have to be well thought out and you have to have to be able to successfully rebut all counterpoints" Are you implying that we haven't thought this out? Seems pretty simple to me, we want an EC to protect us as shareholders. If I'm missing something here, ol' wise one, please enlighten me.

I think you are either very immature or blindly irresponsible for posting what you did. Perhaps you would have a little credibility if you didn't do THE EXACT SAME THING WITH CHEMTURA to create unnecessary panic and drive PPS down.

So I'm going to continue my efforts to convince the judge to have an EC appointed and I encourage others on this board to do the same. If Madclown's post scares you, then sell me your shares. Just like in Chemtura, we will have a red day thanks to this idiots post, and then we will probably triple just like we did with Chemtura.

Clint

BTW, if you actually kept up with this case and our posts you would see that it appears we already have a Trustee appointed to this case.

So I'm not sure I understand your post.

Clint

Hmmmmmm...this does smell a little fishy to me.

Madclown, now you know I respect your insights and DD, but your first post here tells us why we won't be unsuccessful with an EC and why the company has no value to shareholders?

If your interests were truly to help with an EC you would have PM'd me to offer your thoughts quietly, and you certianly wouldn't have included your "Top 6" list of why we should bail on this company now b/c of lack of value.

Seems STRIKINGLY similar to what happened just before we ran with Chemtura when you "only wanted to help" and created a sell off.

I hope I'm wrong, because I would hate to think there is anyone that evil and manipulative out there.

Clint

You're welcome Pam. It's my pleasure. I've seen (and profited) first hand from efforts like these while I held Chemtura. Sometimes we overlook the most obvious steps - like simply asking for an EC. As I mentioned earlier, the Judge/Trustee isn't going to appoint an EC out of the goodness of their hearts or b/c they are looking for more paperwork. We may get rejected, but we may not. There is a good chance IMO that if we ask in great numbers, we will be granted an EC. The Judge has no dog in this hunt. If he sees potential value for shareholders, which we fully believe exists from the last available financial statements and knowledge of assets that will soon be sold, then he is ethically obligated to appoint an EC to act as protection on our behalf. The judge recognizes that Champion has a lot to gain from ch11 proceedings, and when you do the math on outstanding shares X .50 (est. value of shares after sale of assets) we're asking for a relatively small amount of money relative to what Champion stands to gain from the benefit of bk court rulings.

I appreciate your kind words, and willingness to participate in our collective efforts. If we all write in, I suspect we will be pleased with the outcome.

Clint

Wow, that's like 10 bucks a letter. You're consulting fees don't come cheap.

Clint

I was pissed off this morning. I put my limit order in at 5, no fill, then 5.5, no fill, ended up filling at 6.5. Don't like chasing, but better than no fill at all if this thing shoots to .15-.16 by end of March like I suspect.

Clint

I know Wally. We exchanged ideas on the Chemtura board. I think he is awesome and a great asset to have on your team.

Wall, do you own shares here or simply helping fellow Q stock traders?

Clint

Wall, your cynicism is refreshing! LOL

Clint

Board, did a little digging and below are the addresses and phone numbers for the Trustees listed on Docket #90. I will be mailing letters and calling all three of these individuals (and Judge Gross) tomorrow to seek clarity around the issue of Trustee or no Trustee, who that individual is, etc. Will keep you updated. I encourage others here to call & write these people as well. There IS strength in numbers. I think we saw some of that today reflected in our SP.

Thanks, Clint

Richard L. Schepacarter
Attorney/Trustee assigned to this case
844 King Street
Suite 2207
Wilmington, DE 19801
302-573-6491

William K. Harrington
Assistant U.S. Trustee
844 King Street
Suite 2207
Wilmington, DE 19801
302-573-6491

Roberta A. DeAngelis
Acting U.S. Trustee, Region 3
833 Chestnut Street
Suite 500
Philadelphia, PA 19107
215-597-4411

Judge Kevin Gross
United States Bankruptcy Court
824 North Market Street
6th Floor
Wilmington, DE 19801
Courtroom: 3
302-252-2900

Thanks Wall_street61, so this is confusing to me.

I have heard from several board members that no independent US Trustee has been appointed in this case, and also one board member here contacted the Justice Dept. and their response was that no US Trustee has been appointed in the Champion Chapter 11. The lady from the Justice Dept. did not know why, just that there was not one.

However, as Wall_street61 referenced below, there is a court docket (#90 shown below) that clearly states that on 11/30/09 Richard L. Schepacarter (Phone: (302) 573-6491), is Acting United States Trustee and Attorney assigned to this Case.

I will be sending letters to Judge Gross and Mr. Schepacarter tomorrow to try to clear this up. Anyone care to comment why there is clear discrepancy between this docket and response from the Justice Dept? Thoughts/ideas for how to address this are welcome. Thanks, Clint



Docket #90

UNITED STATES DEPARTMENT OF JUSTICE
OFFICE OF THE UNITED STATES TRUSTEE
DISTRICT OF DELAWARE
IN THE MATTER OF:
Champion Enterprises, Inc., et al.
Debtors.
----------------------------------
: Chapter 11
::
Case No. 09-14019 (KG)
::
NOTICE OF APPOINTMENT OF
: COMMITTEE OF UNSECURED
: CREDITORS
Pursuant to Section 1102(a)(1) of the Bankruptcy Code, I hereby appoint the following persons
to the Committee of Unsecured Creditors in connection with the above captioned case:
1 . Textron Financial Corporation, Attn: Susan Andersson, 11575 Great Oaks Way, Suite
210, Alpharetta, GA 30022, Phone: 770-777-3370, Fax: 770-360-1693
2 . Wells Fargo Bank, N.A., Attn: Gordon Gendler, MAC N9311-110, 625 Marquette
Avenue, Minneapolis, MN 55479, Phone: 612-667-7869, Fax: 866-680-1777
3 . Highbridge International LLC, Attn: Jonathan Dorfman, 9 West 57 Street, 27 Floor, th th
New York, NY 10019, Phone: 212-287-4900, Fax: 212-287-4915
4 . Citadel Equity Fund Ltd.; Attn: Aloke Agarwal, 131 South Dearborn Street, 35W
403E, Chicago, IL 60603, Phone: 312-395-3286, Fax: 312-267-7630
5 . BlueLinx Corporation, Attn: Dale Baird, PO Box 642265, Pittsburgh, PA 15264,
Phone: 770-953-7000, Fax: 770-221-2129
ROBERTA A. DEANGELIS
Acting United States Trustee, Region 3
/s/ Richard L. Schepacarter for
WILLIAM K. HARRINGTON
ASSISTANT UNITED STATES TRUSTEE
DATED: November 30, 2009
Attorney assigned to this Case: Richard L. Schepacarter, Esquire, Phone: (302) 573-6491, Fax: (302) 573-6497
Debtors’ Counsel: James E. O’Neill, Phone: (302) 652-4100, Fax: (302) 652-4400

Board,this is unacceptable (and backwards) in my opinion. We don't wait until the asset's sale to determine fate of commons.

We appoint an U.S. Trustee and EC who works to represent us PRIOR to an assets sale.

EVERYONE WRITE A LETTER TO JUDGE GROSS REQUESTING A TRUSTEE AND APPOINTMENT OF A SHAREHOLDERS EC, OR WE WILL ALL BE SORRY.

Very few people have confirmed writing a letter, and this concerns me a little. Will you please respond to me (publically or privately) if you have sent a letter, or plan to send a letter, to Judge Gross requesting a Trustee? Sample letter & Judge's address below. I can't make it any easier for everyone than this.

Thank you, Clint


2/17/2010
United States Bankruptcy Court
Honorable Judge Kevin Gross
824 North Market Street
6th Floor
Wilmington, DE 19801

Re: Champion Enterprises, Inc. Case No. 09-14019
Request for a Shareholder’s Equity Committee

Dear Judge Gross:

On behalf of an informal shareholder’s group comprised of 50 shareholders collectively owning 8,258,939 shares (detailed shareholder contact information and # of shares held attached) of Champion’s common stock (CJHBQ), we request the appointment of an Official Stockholders Equity Committee to protect the interest of us and all shareholders of Champion Enterprises, Inc. Recent court documents and filings by the Official Committee of Unsecured Creditors and the proposed “Purchaser” indicate an obvious neglect on their part to fully represent the equity holders of Champion in the proposed Asset Sale. Given that these court proceedings are moving very quickly, we ask that you please consider appointing a Shareholder’s Equity Committee as soon as possible to guarantee us fair representation through this process.

While we are not privy to current financial operating statements, the last financial statement available suggests that Champion’s current assets exceed their liabilities. In the most recent Annual Report letter to shareholders, President and CEO Mr. William Griffiths said that by divesting several assets, Champion will be able to retire most, if not all, of their senior debt in 2010, better preparing the company to emerge healthier and ready for success in the next decade. This hardly seems like a case of a company that is on the brink of disaster forced to “fire sell” assets and leave no value to owners of common shares of stock. Like many other companies, Champion Enterprises has endured a period of underperformance in a time of economic strain. All indications suggest that Champion will emerge from the bankruptcy process with less debt, a healthier balance sheet, and a sound strategic roadmap to carry them towards a profitable 2010 and beyond. It appears that in this case, we as common shareholders should retain some value in the company upon the exit of bankruptcy proceedings. Without a voice on this matter, we, as a group of investors with the single largest collective number of shares owned, and other Champion’s shareholders are not fairly represented and we risk fully losing our investments.

Considering that Champion’s plan of reorganization shows debt consolidation through the sell of assets and an aggressive restructuring plan that will allow them to grow and profit in 2010 and beyond, we simply ask that the courts appoint an impartial trustee to this case and you allow us (the creditors) protection and fair representation through this process by appointing an Official Equity Committee responsible for protection of the estate and equity therein. I am willing to serve as a member of the Equity Committee if formed. Others on the attached list of shareholders have also expressed their willingness to participate at the court’s request as well.

Thank you for your attention to this request and I look forward to your response.

Respectfully yours,


Daniel Clint Winchester

Board, it has come to my attention that Judge Gross has not yet appointed a trustee in this case. We need a US Trustee appointed before we can have a shareholder's equity committee formed.

It is my understanding that in every case of filing for bankruptcy the courts appoint an impartial trustee, and their primary role is to act as a representative of the creditor.

No Trustee = No EC.

I need every member of this board to write ONE letter to Judge Gross, requesting he appoint a Trustee in this case and work towards forming an EC. Address below.

Judge Kevin Gross
United States Bankruptcy Court
824 North Market Street
6th Floor
Wilmington, DE 19801
Courtroom: 3

Clint

Badbilly, please delete my personal info from the attached post.

Thanks, Clint

Badbilly, will you please delete my personal info from my post?

Thanks,
Clint

Not to mention, Champion is one of only a couple (Clayton has one - and you know who bought Clayton :)) modular home builders that have a "ready-to-go" green/sustainable home. I suspect anything green and sustainable will be a very hot commodity in this decade.

This is a risk, no doubt, but like any investment I write out all of the potential risks out on one side of the page and all potential rewards out on the other - and the potential risk is a small investment that I can live without. The potential rewards are HUGE. I understand the hesitation, but bk plays aren't for everyone. You can always put your money in a large healthcare provider or discount retailer (two industries that are poised to do well in the coming decade) and enjoy your 8-10% returns. Nothing wrong with that. For me, however, I like 200-300% profits, so I roll the dice and I'm right WAY more than I'm wrong.

We have too many "outs" here. An EC would be huge, but I don't think it's necessarily critical for us to make a healthy return. I see this stock at .15-.16 by the end of March. If they appoint an EC between now and then, I think .28-.30 is very possible. If Warren buys the company, I'm holding for multiple dollars! (smile)

Clint

Roger, was looking back at pps history...wouldn't it be nice if we hit $44.00 like they did back in '96? LOL

I would be a very happy, very wealthy man.

Clint

Bet we'll see lots of these.

I doubt it will drag out too long, but I wouldn't be at all surprised if we're still on here taking jabs at each other in the fall. :)

There is ALWAYS more that comes out in bk cases than first expected. Most creditors (like us) aren't simply willing to lay down and get hosed like most companies would like.

Lots of opportunity to make serious money here. I'm so happy I was able to get in below 10 cents. EXTREMELY happy to have some $ freed up to buy another 20-30K at .05!

Clint

Thanks for the kind words Rawtrader.
Clint

Anyone able to find out news from the court hearing today at 2pm?

Wonder what was discussed?

Also - PLEASE keep sending letters in requesting an EC. If the letter is to the Judge, include a request to appoint an independent Trustee to this case. Not sure if one has been appointed but I was unable to locate his info if so.

We are guaranteed not to get an EC unless we ask for one. I can promise you the Judge isn't going to wake up one morning and say "Hey, I would just love to add work to my day".

Everyone who has a position in this company should send letters to the Judge and a separate letter to members of Champion's executive committee and board of directors. I've listed everyone's mailing address in the sticky above. It could pay out very big for us, and it really only takes about an hour and a few bucks in stamps.

Thanks, Clint

cwdanie@hotmail.com

Hi Rainer, I recommend you stick it out - of course I say this without knowledge of the size of your position and your appetitite for risk.

My short term (3-4 week) outlook for this stock is .15-.16.

I feel pretty strongly that we will hear some good news in March. An asset(s) sale is immenint. We are aggressively seeking the appointment of an EC, and as the single largest group/voice of common shareholders our chances are improved.

William Griffiths (Pres and CEO) has committed to the following:
1) divesting several assets, retiring most, if not all, of Champion's senior debt in 2010
2) de-leverage and free up cash flow by closing underperforming plants
3) optimize your cost structure by downsizing your labor force
4) expand your operations by acquiring new businesses and put greater focus on growth areas (green home, rebuilding the gulf coast) in the industry

Champion stands to benefit significantly from the economic fallout, as a leaner, more focused organization that aims to reach new heights as a leader in the home construction industry. Just as retailers like Walmart (that offer wide variety/one-stop-shop, value and low price leadership) can strive in terrible economic conditions, so can a home builder that offers options for every buyer big and small, and quality, modular homes built at an affordable price.

I play BK stocks for quick gains. As I mentioned before, I have no intention of riding out through MOR, but rather buy on dips (like current) and sell on spikes (like when we hit .15 in mid-late March. However, the more I research this company, it's values and principles, and learn more about it's leadership and their optimism and "vision", I'm beginning to view this a little (note little) more as a long play. Not to suggest I would hold this stock for a year +, but these BK proceedings will drag out, and there will be "wins" along the way. If I've learned anything about playing Q stocks, it is that.

Good luck & happy trading!
Looking forward to picking up some dirt cheap shares in the morning!
Clint

Chicken's right. Let's assume we sell some assets, post a good PR, and announce updated timing for a POR.

Easy 200%-300% profit that week.

Watch and learn peoples. :)

Clint

Actually Danny is correct. He didn't say commons are usually protected, only BK stock usually ends up good for shareholders - this actually IS true if you buy on the dips.

CJHBQ is another good example. Pick up some 3's and 4's tomorrow and you'll easily double your profits in two weeks. It's simply what happends when sellers drop off and buyers enter. MM's see to it that very small buys e.g. 500, 1000 significantly lift the SP.

Happy Trading! Clint

PS rawtrader, sad to see you go!

I just realized that if we get 8.5MM shares (1 million more) this would make us the single largest "group" of shareholders just above Columbia Wagner Asset Management who holds 8.3MM Shares.

Pretty cool stuff.

I would think Judge Gross would have to at least consider our request for an EC before using our letter to scribble his order for Chinese takeout later that evening. LOL

Keep em' coming people. (championequity@gmail.com)
Clint

Everyone please email your contact info and # of shares to Raw at championequity@gmail.com. We will hold the master letter to Judge and U.S. Trustee until Tomorrow evening to allow the last handful of submissions.

We hope to get to 9mm shares. This would put us above 10% stake in the company.

Thanks for your support. Clint

BADBILLY - PLEASE POST THIS AS A STICKY FOR QUICK REFERENCE.
THANK YOU, CLINT



Board, in addition to my letters requesting an EC, I thought it may serve us well to write less formal letters to Champion leadership appealing to them on a more personal level as opposed to a strictly legal level. It may not have any bearing on the outcome, but then again, I don't see how it could hurt. Feel free to use my letter as a sample and make adjustments as needed. Looking forward to a better trading week! Clint



Clint Winchester February 14, 2010
contact info
contact info
contact info


Mr. William C. Griffiths
President and CEO
Champion Enterprises, Inc.
755 West Big Beaver Road
Suite 1000
Troy, MI 48084

Dear Mr. Griffiths:

First, recognizing the current circumstances of your company navigating the bankruptcy process, and given that at your level in the company I’m sure you have very little free time, I want to thank you in advance for taking the time to read this short letter.

I am a shareholder of common stock in Champion Enterprises, and I have prepared this letter with hopes that you will give consideration to protecting common shareholders such as myself and other investors upon exiting from bankruptcy. I recognize this is a tough time for you and your leadership team, but also a time that offers great opportunity to reduce debt and clean up your balance sheet. Through your statements to shareholders and steps you and your team are taking, I feel strongly that the company will emerge better positioned for success in 2010 and beyond.

In your address to Champion shareholders in the 2008 annual report, you submitted that by divesting several assets, Champion will be able to retire most, if not all, of your senior debt in 2010, better preparing Champion to emerge healthier and ready to forge ahead with success in the next decade. Your commitment to shareholders is reassuring and I believe in your ability to deliver on your promises. You shared that Champion stands to benefit significantly from the economic fallout, as a leaner, more focused organization that aims to reach new heights as a leader in your industry.

As you de-leverage and free up cash flow by closing underperforming plants, optimize your cost structure by downsizing your labor force, expand your operations by acquiring new businesses and put greater focus on growth areas in the industry, I believe Champion will emerge a much stronger and profitable company. I share in your excitement and look forward to continuing to take stake in this great company in the coming years.

I write this letter because of obvious concerns about being a holder of common shares in a company involved in the bankruptcy process. I hope to appeal to you as a businessman and family man, and convince you to consider keeping my investments safe through this process. As one of the largest builders of manufactured homes in the US, I know you will do what is best for your company, employees and stakeholders, and I hope that investors such as myself and others in my situation will be protected as well. Considering that Champion is solvent with current assets exceeding current liabilities, I simply ask that you allow us protection and fair representation through this process.

Mr. Griffiths, I wish you and Champion Enterprises the very best in the midst of these challenging economic times and period of significant reorganization. As shareholder and stakeholder, I am committed to this company and hope for a swift recovery and successful decade ahead.

Respectfully yours,


Daniel Clint Winchester


CC: Phyllis A. Knight, Roger K. Scholten, Richard P. Hevelhorst, Eric S. Belsky Ph.D., Selwyn Isakow, G Michael Lynch, Thomas A. Madden, Shirley D. Peterson, Judge Kevin Gross


Receipients and addresses below:

JUDGE AND TRUSTEE
Judge Kevin Gross
United States Bankruptcy Court
824 North Market Street
6th Floor
Wilmington, DE 19801
Courtroom: 3

Appointed Trustee (Name??)
I used the same address as the one for the Judge and in my letter asked Judge Gross to forwaad to the U.S. Trustee Appointed in the Champion Enterprises Bankruptcy Proceedings

SENIOR MGMT
William C. Griffiths – President & CEO - 245,390 Shares Held
Phyllis A. Knight – EVP, CFO, Treasurer - 383,946 Shares Held
Roger K. Scholten – SVP, General Council & Corporate Secretary
Richard P. Hevelhorst – VP & Controller

ALL LETTERS ADDRESSED TO THE 4 ABOVE MEMBERS OF CHAMPION'S SENIOR MANAGEMENT CAN BE MAILED TO CHAMPION'S CORPORATE HEADQUARTERS AT:

CHAMPION ENTERPRISES, INC.
755 WEST BIG BEAVER ROAD
SUITE 1000
TROY, MI 48084
(248) 614-8200


BOARD OF DIRECTORS
Eric S. Belsky, Ph.D. – Executive Director, Joint Center for Housing Studies at Harvard University
JOINT CENTER FOR HOUSING STUDIES
HARVARD UNIVERSITY
1033 MASSACHUSETTS AVENUE
5TH FLOOR
CAMBRIDGE, MA 02138
617-495-7908

Selwyn Isakow – President & CEO, The Oxford Investment Group, Inc. - 214,550 Shares Held
THE OXFORD INVESTMENT GROUP, INC.
9404 GENESEE AVENUE
SUITE 200
LA JOLLA, CA 92037
858-458-1122

G. Michael Lynch – Director, Forward Air Corporation
FORWARD AIR, INC.
430 Airport Road
GREENVILLE, TN 37745
423-636-3380

Thomas A. Madden – Director, FreightCar America, Inc., Intcomex, Inc., Mindspeed Technologies, Inc.- 182,205 Shares Held
FREIGHTCAR AMERICA, INC.
TWO NORTH RIVERSIDE PLAZA
SUITE 1250
CHICAGO, IL 60606
312-928-0850

Shirley D. Peterson – Director, AK Steel Holding Corporation, The Goodyear Tire & Rubber – 61,506 Shares Held
Company, Wolverine World Wide, Inc.
AK STEEL HOLDING CORPORATION
9227 CENTRE POINT DRIVE
WEST CHESTER, OH 45069
513-425-5000

STATUS UPDATE



I just completed drafting and mailing out 21 letters to various constituents including Judge Gross, our appointed U.S. Trustee, Champion executive committee and Champion Board of Directors. I'm mailing them out for 2-day delivery, so they should arrive Thursday the 18th.

If you haven't started this process, block off some time in the next couple days to get your letters sent out.

Receipients and addresses below:

SENIOR MGMT
William C. Griffiths – President & CEO - 245,390 Shares Held
Phyllis A. Knight – EVP, CFO, Treasurer - 383,946 Shares Held
Roger K. Scholten – SVP, General Council & Corporate Secretary
Richard P. Hevelhorst – VP & Controller

ALL LETTERS ADDRESSED TO THE 4 ABOVE MEMBERS OF CHAMPION'S SENIOR MANAGEMENT CAN BE MAILED TO CHAMPION'S CORPORATE HEADQUARTERS AT:

CHAMPION ENTERPRISES, INC.
755 WEST BIG BEAVER ROAD
SUITE 1000
TROY, MI 48084
(248) 614-8200


BOARD OF DIRECTORS
Eric S. Belsky, Ph.D. – Executive Director, Joint Center for Housing Studies at Harvard University
JOINT CENTER FOR HOUSING STUDIES
HARVARD UNIVERSITY
1033 MASSACHUSETTS AVENUE
5TH FLOOR
CAMBRIDGE, MA 02138
617-495-7908

Selwyn Isakow – President & CEO, The Oxford Investment Group, Inc. - 214,550 Shares Held
THE OXFORD INVESTMENT GROUP, INC.
9404 GENESEE AVENUE
SUITE 200
LA JOLLA, CA 92037
858-458-1122

G. Michael Lynch – Director, Forward Air Corporation
FORWARD AIR, INC.
430 Airport Road
GREENVILLE, TN 37745
423-636-3380

Thomas A. Madden – Director, FreightCar America, Inc., Intcomex, Inc., Mindspeed Technologies, Inc.- 182,205 Shares Held
FREIGHTCAR AMERICA, INC.
TWO NORTH RIVERSIDE PLAZA
SUITE 1250
CHICAGO, IL 60606
312-928-0850

Shirley D. Peterson – Director, AK Steel Holding Corporation, The Goodyear Tire & Rubber – 61,506 Shares Held
Company, Wolverine World Wide, Inc.
AK STEEL HOLDING CORPORATION
9227 CENTRE POINT DRIVE
WEST CHESTER, OH 45069
513-425-5000


Thanks everyone for taking time to do this.
Clint

Please stay off the ask until I can add this morning! :)

Clint

Couldn't hurt. Wear your best suit, carry a brief case, and say you would like to speak to investor relations. You wouldn't have to lie, just don't tell the truth. LOL

Explain that you are there to ask some questions for an investment partner (that could be me).

Clint

No problem, we all stand to benefit.

To followup to my last post. Below in ALL CAPS AND BOLD are addresses for Champion's management team, board of directors and judge.

THIS IS THE LIST I CC'D ON LETTER TO CEO, WILLIAM GRIFFITHS
CC: Phyllis A. Knight, Roger K. Scholten, Richard P. Hevelhorst, Eric S. Belsky Ph.D., Selwyn Isakow, G Michael Lynch, Thomas A. Madden, Shirley D. Peterson, Judge Kevin Gross

Senior Management
William C. Griffiths – President & CEO - 245,390 Shares Held
Phyllis A. Knight – EVP, CFO, Treasurer - 383,946 Shares Held
Roger K. Scholten – SVP, General Council & Corporate Secretary
Richard P. Hevelhorst – VP & Controller

ALL LETTERS ADDRESSED TO THE 4 ABOVE MEMBERS OF CHAMPION'S SENIOR MANAGEMENT CAN BE MAILED TO CHAMPION'S CORPORATE HEADQUARTERS AT:

CHAMPION ENTERPRISES, INC.
755 WEST BIG BEAVER ROAD
SUITE 1000
TROY, MI 48084
(248) 614-8200


Board of Directors
William C. Griffiths – President & CEO, Champion Enterprises, Inc. - 245,390 Shares Held

Eric S. Belsky, Ph.D. – Executive Director, Joint Center for Housing Studies at Harvard University
JOINT CENTER FOR HOUSING STUDIES
HARVARD UNIVERSITY
1033 MASSACHUSETTS AVENUE
5TH FLOOR
CAMBRIDGE, MA 02138
617-495-7908

Selwyn Isakow – President & CEO, The Oxford Investment Group, Inc. - 214,550 Shares Held
THE OXFORD INVESTMENT GROUP, INC.
9404 GENESEE AVENUE
SUITE 200
LA JOLLA, CA 92037
858-458-1122

G. Michael Lynch – Director, Forward Air Corporation
FORWARD AIR, INC.
P.O. BOX 1058
GREENVILLE, TN 37744
423-636-3380

Thomas A. Madden – Director, FreightCar America, Inc., Intcomex, Inc., Mindspeed Technologies, Inc.- 182,205 Shares Held
FREIGHTCAR AMERICA, INC.
TWO NORTH RIVERSIDE PLAZA
SUITE 1250
CHICAGO, IL 60606
312-928-0850

Shirley D. Peterson – Director, AK Steel Holding Corporation, The Goodyear Tire & Rubber – 61,506 Shares Held
Company, Wolverine World Wide, Inc.
AK STEEL HOLDING CORPORATION
9227 CENTRE POINT DRIVE
WEST CHESTER, OH 45069
513-425-5000

MAIL AWAY! I BELIEVE THE MORE AGGRESSIVE WE ARE WITH OUR EFFORTS, THE GREATER THE LIKELIHOOD A DECISION WILL COME IN OUR FAVOR. PLEASE FEEL FREE TO REACH OUT TO ME PRIVATELY (CWDANIE@HOTMAIL.COM) FOR QUESTIONS OR HELP DRAFTING YOUR LETTERS.

THANK YOU, CLINT

No problem, we all stand to benefit.

To followup to my last post. Below in ALL CAPS AND BOLD are addresses for Champion's management team, board of directors and judge.

THIS IS THE LIST I CC'D ON LETTER TO CEO, WILLIAM GRIFFITHS
CC: Phyllis A. Knight, Roger K. Scholten, Richard P. Hevelhorst, Eric S. Belsky Ph.D., Selwyn Isakow, G Michael Lynch, Thomas A. Madden, Shirley D. Peterson, Judge Kevin Gross

Senior Management
William C. Griffiths – President & CEO - 245,390 Shares Held
Phyllis A. Knight – EVP, CFO, Treasurer - 383,946 Shares Held
Roger K. Scholten – SVP, General Council & Corporate Secretary
Richard P. Hevelhorst – VP & Controller

ALL LETTERS ADDRESSED TO THE 4 ABOVE MEMBERS OF CHAMPION'S SENIOR MANAGEMENT CAN BE MAILED TO CHAMPION'S CORPORATE HEADQUARTERS AT:

CHAMPION ENTERPRISES, INC.
755 WEST BIG BEAVER ROAD
SUITE 1000
TROY, MI 48084
(248) 614-8200


Board of Directors
William C. Griffiths – President & CEO, Champion Enterprises, Inc. - 245,390 Shares Held

Eric S. Belsky, Ph.D. – Executive Director, Joint Center for Housing Studies at Harvard University
JOINT CENTER FOR HOUSING STUDIES
HARVARD UNIVERSITY
1033 MASSACHUSETTS AVENUE
5TH FLOOR
CAMBRIDGE, MA 02138
617-495-7908

Selwyn Isakow – President & CEO, The Oxford Investment Group, Inc. - 214,550 Shares Held
THE OXFORD INVESTMENT GROUP, INC.
9404 GENESEE AVENUE
SUITE 200
LA JOLLA, CA 92037
858-458-1122

G. Michael Lynch – Director, Forward Air Corporation
FORWARD AIR, INC.
P.O. BOX 1058
GREENVILLE, TN 37744
423-636-3380

Thomas A. Madden – Director, FreightCar America, Inc., Intcomex, Inc., Mindspeed Technologies, Inc.- 182,205 Shares Held
FREIGHTCAR AMERICA, INC.
TWO NORTH RIVERSIDE PLAZA
SUITE 1250
CHICAGO, IL 60606
312-928-0850

Shirley D. Peterson – Director, AK Steel Holding Corporation, The Goodyear Tire & Rubber – 61,506 Shares Held
Company, Wolverine World Wide, Inc.
AK STEEL HOLDING CORPORATION
9227 CENTRE POINT DRIVE
WEST CHESTER, OH 45069
513-425-5000

MAIL AWAY! I BELIEVE THE MORE AGGRESSIVE WE ARE WITH OUR EFFORTS, THE GREATER THE LIKELIHOOD A DECISION WILL COME IN OUR FAVOR. PLEASE FEEL FREE TO REACH OUT TO ME PRIVATELY (CWDANIE@HOTMAIL.COM) FOR QUESTIONS OR HELP DRAFTING YOUR LETTERS.

THANK YOU, CLINT

Board, in addition to my letters requesting an EC, I thought it may serve us well to write less formal letters to Champion leadership appealing to them on a more personal level as opposed to a strictly legal level. It may not have any bearing on the outcome, but then again, I don't see how it could hurt. Feel free to use my letter as a sample and make adjustments as needed. Looking forward to a better trading week! Clint



Clint Winchester February 14, 2010
contact info
contact info
contact info


Mr. William C. Griffiths
President and CEO
Champion Enterprises, Inc.
755 West Big Beaver Road
Suite 1000
Troy, MI 48084

Dear Mr. Griffiths:

First, recognizing the current circumstances of your company navigating the bankruptcy process, and given that at your level in the company I’m sure you have very little free time, I want to thank you in advance for taking the time to read this short letter.

I am a shareholder of common stock in Champion Enterprises, and I have prepared this letter with hopes that you will give consideration to protecting common shareholders such as myself and other investors upon exiting from bankruptcy. I recognize this is a tough time for you and your leadership team, but also a time that offers great opportunity to reduce debt and clean up your balance sheet. Through your statements to shareholders and steps you and your team are taking, I feel strongly that the company will emerge better positioned for success in 2010 and beyond.

In your address to Champion shareholders in the 2008 annual report, you submitted that by divesting several assets, Champion will be able to retire most, if not all, of your senior debt in 2010, better preparing Champion to emerge healthier and ready to forge ahead with success in the next decade. Your commitment to shareholders is reassuring and I believe in your ability to deliver on your promises. You shared that Champion stands to benefit significantly from the economic fallout, as a leaner, more focused organization that aims to reach new heights as a leader in your industry.

As you de-leverage and free up cash flow by closing underperforming plants, optimize your cost structure by downsizing your labor force, expand your operations by acquiring new businesses and put greater focus on growth areas in the industry, I believe Champion will emerge a much stronger and profitable company. I share in your excitement and look forward to continuing to take stake in this great company in the coming years.

I write this letter because of obvious concerns about being a holder of common shares in a company involved in the bankruptcy process. I hope to appeal to you as a businessman and family man, and convince you to consider keeping my investments safe through this process. As one of the largest builders of manufactured homes in the US, I know you will do what is best for your company, employees and stakeholders, and I hope that investors such as myself and others in my situation will be protected as well. Considering that Champion is solvent with current assets exceeding current liabilities, I simply ask that you allow us protection and fair representation through this process.

Mr. Griffiths, I wish you and Champion Enterprises the very best in the midst of these challenging economic times and period of significant reorganization. As shareholder and stakeholder, I am committed to this company and hope for a swift recovery and successful decade ahead.

Respectfully yours,


Daniel Clint Winchester


CC: Phyllis A. Knight, Roger K. Scholten, Richard P. Hevelhorst, Eric S. Belsky Ph.D., Selwyn Isakow, G Michael Lynch, Thomas A. Madden, Shirley D. Peterson, Judge Kevin Gross