Chemtura Corp (fka CHMT)

[local]

Has anyone seen the EC objection? If so could you post the Enterprise Value in their objection.

"OBJECTION OF FIDUCIARY COUNSELORS INC. AND JOINDER TO THE EQUITY COMMITTEE’S OBJECTION TO THE DEBTORS’ REVISED JOINT CHAPTER 11 PLAN"

"3. To address these impediments to confirmation, the Plan should be
modified (i) to reflect the true enterprise value of the Debtors, which, as demonstrated by the Equity Committee Objection, is substantially higher than the Debtors’ stated Enterprise Value;

"Fiduciary Counselors Inc. (“FCI”), located at 700 12th Street, NW, Suite 700, Washington, D.C. 20005, is the independent fiduciary for the Chemtura Corporation Employee Savings Plan with respect to the Company Stock Fund (“Company Stock
Fund”), and a member of the Official Committee of Equity Security Holders (“Equity Committee”). FCI (i) objects to Debtors’ Revised Joint Chapter 11 Plan (“Plan”); and (ii) joins the objection of the Equity Committee to the Plan (“Equity Committee Objection”).


http://www.kccllc.net/documents/0911233 0911233100909000000000021.pdf