I have to agree, the Hoffman letter was a targeted, focused, and legally sound admission. And it got the attention of Weil, etc.
Either way, I have to agree with Nurse Jeff here, unless Susman pulls out a game changer next week or during the valuation hearings we're in deep doo doo. There is no point in wearing the rose-colored glass here; we are in trouble, and need to see that 800 pound gorilla shake some bananas off the tree for us.