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Re: KFC44 post# 23816

Wednesday, 11/17/2010 6:38:02 PM

Wednesday, November 17, 2010 6:38:02 PM

Post# of 24889
My Finding of Facts and Conclusion of Law: In last 18 months, Debtors has not provided even one valuation report by the forest industry expert (What are they afraid of). Smurfti Stone had three valuation reports and at least two by industry experts. In this case, bankruptcy expert who happens to make valuation reports for 30 other industries has prepared a preliminary valuation report, making the joke of the whole bankruptcy process!

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

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