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Sunday, June 09, 2019 11:19:21 AM
Ignoring words? No, but I am, as well as others here, struggling to understand how the law is being applied in the Court.
You say there were stays and cancellations replaced by approved claims, probably so the lawyers could use more time and latitude re-structuring a replacement entity or liquidating all recovery issues.
Marsal said he would exit BK within 2 years of the filing yet the Court considers "the 5 subs remaining in BK 11 years after filing with Marsal administering outside of BK" is compliant with what he is quoted in 2010 in the AP.
We are mincing words yet the Court is there to make sure the law is followed and enforced no matter how long it takes. The Courts may institute provisions but later reform provisions to make sure all interests are addressed.
This is one reason the hearing on June 19th is significant.
I have many questions and many of these questions go unanswered, some because the Indenture Trustee is in process and some are simply ignored unless I take it to Court. So, I have to move forward with out all the information I'd like.
Good luck.
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