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Re: WatkinsGlen post# 1560

Thursday, 01/07/2010 4:45:27 PM

Thursday, January 07, 2010 4:45:27 PM

Post# of 1746
IMHO these case dockets do the best job of explaining why nobody, including stockholders, can figure out the first POR they submitted.

http://www.aventineinfo.com/644_11214.pdf

http://www.aventineinfo.com/643_11214.pdf

http://www.aventineinfo.com/629_11214.pdf

http://www.aventineinfo.com/628_11214.pdf

http://www.aventineinfo.com/645_11214.pdf

These are all "objections" to the Disclosure Statement in various forms. These objections will be litigated and heard January 13th before Judge Gross. The POR they tried to run through quickly to give away the equity to the bondholders - hoping no one would object to it - is full of flaws and lacks even the most basic information. Some of these objections refer to the DS as "unconfirmable as a matter of law". Hopefully, Judge Gross will see what is going on here and will rule against it. If he does they will be forced to come up with a different POR.

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