What is the purpose of allowing the equity committee to depose a bunch of people and review the relevant financial documents?
The only purpose of the BK court is to determine how the $117M needs to be distributed and to do it in the most cost effective way possible. That's it... It is extremely rare for an equity committee to get a month to perform an investigation.
You guys keep ignoring that, but it doesn't make it any less true. If PP doesn't have a right to the $80M, then their investors don't have a right to it. The investors don't get special treatment because they TOO were scammed.
Of course, the loans could have been 100% above board, but I doubt it. Three letters make me confident of that.
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