Hi all--sorry that it has taken me this long to post, but I needed to head to work, and no posting from there!
Interesting day to day, to be sure. First, thanks to Leb and to ABIG, both of whom kept me company texting...not sure how much from both of them made it on here, but it was nice to have their companionship during the long recess.
By 9:30, the courtroom was filling up, by 10 it was to capacity. Susman and Nelson walked in just before 10. Rosen on their heels. Lots of scurrying around by Rosen's team with what I overheard was the new DS. I am assuming, since none was filed, that they were referring to #5. Apparently, they had made some changes that some of the noteholders were not happy with. Convos in courtroom and hall. Susman went and said something to Rosen, fairly terse from their body language. After Susman walked away, Rosen turned to his co-counsel (toward me) and he was making a mocking face to them, referring to Susman.
After the Judge called for a meeting in chambers, there was talk it was to be only two people from each "delegation". Scuttlebutt about conference on a "ceiling". Then more attorneys called into chambers. Pretty soon it was a fairly empty courtroom.
Had the opportunity to meet several other shareholders, not from iHub. Was seated next to local council for the debtors. He was very forthcoming with information. Fist, he received a text from someone in chambers saying they were working on the examiner. That would have taken care of a number of docket items that could be dispensed with with the appointment. Then, more texts and from another source, information that one of the parties was disappointed, saying they "should have held out for more
I was both in the courtroom and out in the hall, depending on which conversation I was having, and unlike other times where there may have been people milling around chatting casually, this time, every attorney was texting or large convos taking place. Highly charged atmosphere.
At one point, McMahon walked in, picked up a reference book, flipped to the section he was looking for, and he left. Maybe looking for case law on their powers...who outranked and outflanked whom?? Just guessing here.
Saw Susman in the hall and he looked much more relaxed. He does not smile much, but walked differently than when he first strode into court.
Rosen made some comment about the judge ordering someone to bring something up. Not sure what he was referring to. He was far less jovial at the end than he was in the beginning.
Interesting note, the attorney I was sitting next to, acknowledged the impact of all the letters we sent...saying we would be happy to know he didn't bill for reviewing all of the, once he saw that they were essentially the same, but acknowledging that the sheer number of them made an impact on them and on the court.
Certainly disappointed in the ending, but something is afoot. If it were just a delay, it wouldn't have been 1 1/2 hours in her chambers. If it were just a motion, she would've heard it during the hearing. IMHO
Funny side note, I mentioned to my seatmate that I didn't care for counsel. He asked if it was specific or in general to debtor's counsel. I told him Brian, and after he finished laughing, he said I was not alone in my opinions. He particularly liked the "liar" comment from the previous hearing!
Ilene
