InvestorsHub Logo
Followers 2
Posts 1058
Boards Moderated 1
Alias Born 11/15/2005

Re: None

Monday, 03/20/2006 5:01:26 AM

Monday, March 20, 2006 5:01:26 AM

Post# of 1885
March 17th …The auction is authorized and DIP financing approved.

03/17/2006 168 Order (FINAL) (I) Authorizing Debtors-in-Possession to Obtain Post-Petition Financing; (II) Granting Liens, Security Interests and Superpriority Status; (IIII) Authorizing Use of Cash Collateral; (IV) Affording Adequate Protection; and (V) Modifying the Automatic Stay. (related document(s)9 ) Signed in Court on 3/17/2006. (Attachments: # 1 Attachment) (LCN, ) (Entered: 03/17/2006)
http://www.exportica.com/Docket168.pdf

03/17/2006 169 Order (A) Authorizing and Scheduling an Auction at Which the Debtors Will Solicit the Highest or Best Bid for the Sale of the Assets Comprising All or Substantially All of the Debtors' Assets; and (B) Approving Bid Procedures Governing the Proposed Sale. (related document(s)22 ) Signed in Court on 3/17/2006. (LCN, ) (Entered: 03/17/2006)
http://www.exportica.com/Docket169.pdf



It seems like the official committee of unsecured creditors have something up their sleeve and they want to
keep it secret … I wonder what it is!

03/17/2006 170 Motion to Authorize Motion for an Order Providing that the Committee in Not Authorized or Required to Provide Access to Confidential Information of the Debtors or Privileged Information Filed by OFFICIAL COMMITTEE OF UNSECURED CREDITORS Hearing scheduled for 4/20/2006 at 09:30 AM at US Bankruptcy Court, 824 Market St., 6th Floor, Wilmington, DE. Objections due by 4/5/2006.. (Attachments: # 1 Affidavit of Service) (Edwards, Erin) (Entered: 03/17/2006)
http://www.exportica.com/Docket170.pdf


Comments please!

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.