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Re: Bizreader post# 1865

Friday, 05/14/2010 2:33:36 PM

Friday, May 14, 2010 2:33:36 PM

Post# of 1941
VSTNQ The judge's(Sontchi) attitude about all of the motions from equity can be summed up with these lines:

“We are in a good old-fashioned brawl,” Sontchi said. “The prize is an auto company.”

He added, “There is going to be a fight, so let’s get to it.”

When discussing the shareholders claim that the company is solvent and that common shares should not be canceled the judge stated
"That claim should be resolved when the reorganization plan comes to court for approval, Sontchi said.

Don't piss down my back and tell me it's raining!

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