That is my understanding of the Trusts. Please do your own research. Do not listen to me or anyone else.
When we get the reorg plan on Monday...remember that is the end of the Debtors "Exclusive time period" to file a reorg plan. After that there can be additional plans submitted.
Mr. Miller has stated in the Creditors Committee update on November 18th ,2009.
"MR. MILLER: As you get closer to the deadline, there
seems to be more effort on the part of parties to reach a
coalescing point. I would also note, Your Honor, that there
are more constituencies that seem to be organizing on -- they
don't want to call themselves ad hoc committees, so they have
different nomenclature for their organizations, but we are
getting different groups organizing who want to meet with Mr.
Marsal and his team, and to talk about a plan of reorganization
and how claims would be dealt. So I think there's going to be
a lot more activity of that as we go forward in the future."
