Maybe someone can answer this. Why wouldn't the Foxx Group be allowed to bid on the UMS assets? The Judge, Trustee and creditors want to get the highest price possible to lessen the losses.
Foxx probably provided some information about their financial capability and, jmo, will get access to all the docs and be able to bid.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.