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Re: Enterprising Investor post# 1510

Friday, 06/11/2010 12:44:59 AM

Friday, June 11, 2010 12:44:59 AM

Post# of 3162
Rallis files supplemental declaration in response (6/10/10).

Source: PACER (Docket 1505)

Based on my review, Rallis was contacted five times by parties interested in pursuing an OCC/alternate plan: a secured creditor on 3/05/10, another secured creditor on 3/17/10, an equityholder on 4/06/10, a third party on 4/15/10 and another third party on 4/21/10.

In addition, he declares on page 8 that since the last exclusivity hearing, the OCC has been approached by three different entities, who have each offered to pay unsecured creditors in full, with interest, on or shortly after the Effective Date.

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