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Re: None

Tuesday, 06/25/2019 9:06:14 PM

Tuesday, June 25, 2019 9:06:14 PM

Post# of 13935
This is pretty interesting:

"The Debtors intend to discuss with the Committee the prospects of plans for liquidation or reorganization. A plan of liquidation would be based on monetizing the Debtors assets and distributing the proceeds in accordance with the priorities established by the Bankruptcy Code. The Debtors would envision a liquidating trustee to pursue avoidance actions, if any, and
any other causes of action....................

"As for a plan of reorganization, I have recently received a few preliminary inquiries to monetize the Immune Debtor’s publicly traded corporate shell. If pursued, they will necessarily
require a plan of reorganization. Because of the early stage of such, I have not yet discussed this with the Committee."

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