TerreStar Corporation (fka TSTRQ)

[sidslids]

re: any reactions? elektrobit vs tsn

i do not like the summation they provide.
what sticks out is
#7--no request for the appointment of a trustee or an examiner was made in the ch. 11 cases of the tsn debtors

i think we all know that one was denied, but i think what they mean is that none of the creditors nor the debtors made the request, although, my foggy memory recalls elektrobit asking for one, so maybe it is out and out baloney.

the debtors argued against one as it would be "time consuming" and "delay the re-organization of the company" causing some sort of fiscal encumbrance to the debtors, that was in 2010. lol