LANDAMERICA (fka LFGRQ)

[Renee]

Excellent , Grumman : Number 7 implies the survivability of the trading equity . This is the most promising implication we could hope for at this juncture .


7. The Committee is authorized, but not required , to enter into separate confidentiality agreements with Unsecured Creditors or other Entities in its discretion from time to time on terms mutually acceptable to the Debtor and the Committee (the “Confidentiality Agreements”) .
Such Confidentiality Agreements may provide for trading restrictions and information-screening processes that such Unsecured Creditors or other Entities represent complies with applicable securities laws with respect to any Confidential Information; provided , however , that if the Committee elects to provide access to Confidential Information on the basis of such confidentiality and trading restrictions , the Committee shall have no responsibility for the Unsecured Creditor’s or
Entity’s compliance with , or liability for violation of , applicable securities or other laws.