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Re: eb0783 post# 41980

Sunday, 02/25/2024 1:25:40 PM

Sunday, February 25, 2024 1:25:40 PM

Post# of 43407
there is less than 20 shareholders one shareholder owns 90% of the shares and is the controlling shareholder. I'm helping myself with this analysis of the situation and case. obviously the courts dont have the time or resources for such deep analysis of the chapter 11. With secure loans the creditors own the assets and equity and there is no auction. liquidating assets is chapter 7 when all assets are liquidated and any money left to repay any creditor. in this case there is no money or cash to pay any of the UNSECURED creditor 'fake claims' or unreasonable disputed claims, the defendent or debtor nor the court has the time to hear or prove whether those UNSECURED DISPUTED 'claims' or valid..in chapter 11 all creditor claims are DISCHARGED.
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