re: today's status hearing (cut and paste from the docket) i looked at the docket yesterday and this particular number was pulled and when it when back up it had changed to the following:
_____________________________________________________________________
NOTICE OF AGENDA FOR HEARING ON JANUARY 8, 2019 AT 10:00 A.M.
Location of Hearing: United States Bankruptcy Court for the Southern District of New York, before the Honorable Robert D. Drain, United States Bankruptcy Judge, 300 Quarropas Street, White Plains, New York 10601
I. STATUS CONFERENCE:
1. Debtors’ Motion for Approval of Global Bidding Procedures [ECF No. 429]
Related Documents:
A. Order Approving Global Bidding Procedures and Granting Related
Relief [ECF No. 816]
B. Notice of Filing of Global Bidding Procedures Process Letter
[ECF No. 862]
Status: This matter is going forward solely as a status conference.
Dated: January 7, 2019
____________________________________________________________________
find these topics (a) and (b) interesting. the global bidding procedure has already been approved (docket #862). maybe, since the global bidding procedure discussed as well as authorized a credit bid and that language was approved by the judge, there is going to be some discussion regarding the credit bid component of esl's bid.
read through the posts since i was last on yesterday and am most curious about the posts regarding the liquidator's pulling back from their proposals.
would love to be a fly on the wall in that court room this morning. as someone posted yesterday, paying attention to the trading volume and price direction probably starting around 10:30 might be instructive.
AI
