Friday, July 09, 2010 11:40:41 AM
1) We've read that the common MO of BK's have been to undervalue the estate in order to give equity zero.
2) Susman may have told Rosen that he found the money; plus written evidence that Weil or JPM knows the value is $X.
3) Susman then shows all in the judge's chambers what he has found which then causes very lengthy discussions in chambers.
Perhaps Susman has definitive proof that the estate's value is far above Rosen's value in the DS.
OR perhaps Susman has an email from someone (either Weil or JPM) saying they intend to stonewall the EC or never give the EC all the discovery that Weil/Rosen said they would in open court. This would seem highly relevant to the need for an examiner.
(I might as well speculative like everyone else. LOL)
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