It is important to note here that 1/3 of the new company (about 743 mill-BCFC) was kicked out of BK to confirm the Plan. Judge wanted to confirm and move forward before 18 months at any cost. He sure did and didn't care or even considered any stakeholder unless they were represented by high paid lawyers.
Most of the past 18 months, Judge did nothing except listen to arguments of BCFC Vs.the Debtor. Mr.Carey did one thing right..he made his lawyer friends rich...
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