Old Copper Co. Inc. (f/k/a CPPRQ/JCPNQ JC Penney)

[Nightdaytrader]

Judge's final comments at end of closing:

1.) With respect to folks who wrote me letters, I read them all.

2.) Thanks the Equity Committee.. They did what he wanted them to do.. Judge tried to find a way to give them a voice.. Thanks Mr Okin, nice job.

3.) Compliment all the other professionals involved in this..

4.) Asked Judge Isgar (69 yrs old) to give up weekends and work nights. Watched light in his eyes, convinced as ever, he was going to figure out a way for company to survive.

5.) Evidence is overwhelming every one has looked at all options

6.) Judge took oath to enforce law, can't sacrifice code because I don't like it, can't let emotions enter, can't create value, shareholder value was gone long ago..

7.) I wish I can fix everything.. comfortable process has been fair.. highest and best offer has been accepted by debtors.. View finding in context of what Mr Synder said.. I have known Mr Synder 30 yrs.. Best operator Judge has seen...

8.) Not gambling with my own money, gambling with investments and capital structure and 60,000 jobs... not willing to do for Judge to walk away by best professionals in the world..

9.) Approve the sale as requested.

10.) EC request to undo DIP.... would take a lot to undo.. DENIED.