ok folks, here's the deal - please pay attention.
My practice experience lies in Chapter 7 and 13 bankruptcies, but I have navigated the bankruptcy courts in 3 jurisdictions since 2006. One of them sucked (looking at you Northern Iowa).
Some bankruptcies CAN be over quick - the liquidation ones. My 7s take around 4 months from filing to discharge.
There is no such thing as a FAST reorganization. United Airlines Chapter 11 was over 3 years. Please stop putting your hope on "the next hearing." Hearings can get continued for any reason, judges or trustees may conduct inconclusive hearings. The tying is BE PATIENT. The process is slow for a reason. Bankruptcy is a very powerful tool and is very deliberate. Seriously, I know we are all in a hurry but reorganizations take time.
Second, bankruptcy judges do not gag debtors. The decision not to file securities forms lies with TALK. They may have good reasons - my guess is they do not want to admit that the TALK/UMS merger isn't complete until they have the TALK/new Lee Compny merger finalized. It sucks, but y'all gotta have faith. Just don't tell me it's the BKs fault.Unless it is a criminal matter, BK judges don't gag people.
For those longs that have been patient until now, keep it up - everything that made us buy in 2015 is sill there. But we need to stop with the "change is imminent" attitude. It'll happen in time. It may not happen in July.
Be patient.
Also, if y'all want to talk directly to me, PM me an email address. I didn't subscribe to whatever I need to PM back.
AI
