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Re: Straight post# 23682

Thursday, 11/11/2010 9:34:22 PM

Thursday, November 11, 2010 9:34:22 PM

Post# of 24889
ACH sale: ABH is in the regulatory process of selling its one of the Hydro Power Asset. This asset have 230 million of non recourse debt associated with them (Over $220 million in equity value). I expect the asset will be sold for in excess of $450 million by first quarter of 2011.

'Courts of bankruptcy are essentially courts of equity, and their proceedings inherently are proceedings in equity.'

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