InvestorsHub Logo
Followers 35
Posts 3608
Boards Moderated 0
Alias Born 05/30/2013

Re: Bludsucker post# 6063

Saturday, 03/28/2015 5:23:04 PM

Saturday, March 28, 2015 5:23:04 PM

Post# of 6681
kscott462 on Yahoo message board.

Yes, you are 100 percent correct with your analysis. If you are serious about exposing this fraud Then you must listen to what i am going to tell you. The proper action you must take is the following. You MUST hire a bankruptcy attorney from Delaware and request they file a Section 220 demand with the Chancery court in Delaware. The Chancery court is the only way you can successfully challenge the bankruptcy as it is not a part of all the back room deals being done in the bankruptcy court. I have been thru exactly the same situation as you guys with another company in which I cannot disclose for legal reasons, but I feel your pain and I want to help you. DO NOT waste your time writing the bankruptcy judge or trustee as you will get nowhere. The 220 Demand will force Exide to turn over every financial document they have to your Delaware attorneys and they will have their own forensic accountants find the evidence you are looking for. You will send shockwaves thru Exide and their cronies as they know the Chancery court in Delaware is independent of the bankruptcy court in Delaware and can invalidate the confirmation hearing. I hope you listen to me as it took me a year of stress to find this info as it is a mostly hidden path to challenge a fraudulent bankruptcy.

http://finance.yahoo.com/mb/forumview/?&v=m&bn=212348b0-3aac-3ef6-9101-8e3769dfdc09
Join InvestorsHub

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.