American Apparel, Inc. (fka APPCQ)

[aaron_03]

Decision by judge

Here's the question: Is the offer by Dov and his investor team better than the proposed bankruptcy reorganization plan where ultimately the common shareholders are wiped away? The answer, by all accounts, is an unequivocal yes. I think Hagan mentioned it being a billion dollar company to show that the useless Paula Schneider couldn't run a company to save her life and ultimately ran it into the ground.

I would hope the judge have common sense and side with Dov and his group. We'll see.