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Re: Ren Baldur post# 45470

Thursday, 01/19/2017 12:49:36 PM

Thursday, January 19, 2017 12:49:36 PM

Post# of 47873
I would think the money always goes first to the estate (the company) - so wouldn't really be up to the judge to dictate if it went directly to the shareholders. Then it would be up to the company (and hopefully they would allow a shareholder vote) whether the proceeds went into the company or the company distributed them to the shareholders. I didn't think the judge could dictate that the money went directly to the shareholders. After all, the equity committee is asking for standing to pursue claims on behalf of the company, and alleging the company suffered due to the action of Platinum/DMRJ/Montsat.

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