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Re: surfkast post# 32169

Thursday, 02/09/2017 11:21:14 AM

Thursday, February 09, 2017 11:21:14 AM

Post# of 38496
This appears to be a settlement between parties, where a party was seeking recovery of money or property from ARIO.

ARIO is just seeking relief from a creditor, and the court has ruled that the case for the party seeking payment from ARIO has been closed.

I think that is all this rule 9022 as shown in the sticky is.

It has nothing to do with actually "closing" the business of ARIO.

In chapter 11, the party seeking relief from creditors has the right to reorganize their debt and continue as an ongoing entity.

This rule 9022 -- and I may be wrong, but -- looks like it only pertains to a judgement between one creditor and ARIO.

ARIO can, therefore, continue their business, though within a certain reorganization.

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