Thank you Isd, now that I'm able to again, just tryin to keep a little perspective in the debate. You know the devil is in the details...........
I will differ slightly however w/ your post about whether we as S/H's survive the bk process. I think it is important that we do and not solely for financial reasons though surely this is first and foremost.
In brief, I think the judge owes it to the system to right the wrong committed by mgmt against the owners of this public corp. The system requires it. It's not just the Enron's, Lehman Bros and AIG's that require remedy but all public co's @ every level. The law simply does not exclude small co's.
A bk judge has some muscle in these proceedings, yes the CC has the seniority but the court can and should flex its' muscles in the pursuit of a just and equitable resolution.
I hope this judge does exactly that.
It also wouldn't hurt if NIPRID filed a friendly brief. We have earned one.
BE LONG OR BE WRONGjw
I get knocked down but I get up again, You're never gonna keep me down-jpl