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rramirez82

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rramirez82

Re: John Gyver post# 134036

Thursday, 01/07/2010 11:22:20 AM

Thursday, January 07, 2010 11:22:20 AM

Post# of 730278
I don't know if it's the "only reason" but I can sure say the likelihood of a recovery flowing to equity would be a major reason, if not the only one.

It would be a breach of the trustee's duty of care if a significant recovery was expected and equity had no seat of representation in the settlement negotiations.

MAKINGMOVES

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