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Re: Neil24 post# 37701

Monday, 09/28/2015 4:07:04 PM

Monday, September 28, 2015 4:07:04 PM

Post# of 41703
If you read the emails between Mcglynn (counsel to the Ad Hoc Committee) and Despins, Mcglynn contends also that that if GTAT and Despins are trying to prove that GTAT is hopelessly insolvent, that GTAT and Despins' team would want to give all the information possible to the Ad Hoc Committee, to prove their point.

These documents and interrogatories that are being asked for are what will decide if GTAT has recovery for equity. The answers to the interrogatories, and the information in the documents / contracts produced etc. (and other stuff such as IP value and the 5 year business plan that the Equity Committee requested.)

So why are the Debtors' refraining from giving the Equity Committee all documents and interrogatories?

Mcglynn goes on to say "Otherwise, it might create the impression in some minds that GTAT has something to hide."

IMO The Ad Hoc Committee is in a great position to get the information they need. (AKA Everything they are asking for and more)

Why must Longs and Shorts hate each other? Can't we all just get aLONG?

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