I was very patient since September 2008 until she finally had her opinion. I totally believe that she is not capable in terms of lack of common business sense. I am not arguing from her expertise of the law. But, how could she rule something without a bit of business sense as a BK judge. She might be good for any other rulings but BK. Or, as some posters said that she is capable for a small case of BK. This one is much over her head and totally out of control.
As you said she ruled the examiner, but why she refused it in the first time, and wasted the golden timing. At the end, due to appeal, she ruled it( examinor) but could only perform his job within a very short period of time. LBHI got 6 months of examination from Judge Peck even he is the junior judge in BK court. Although she ruled examinor favor to EC, she knew ER is worthless. THAT IS HER SMOKE. She missed the timing.....
One thing I couldn't understand is the deposit of 4.4B. If she is a THJudge, she should have her SJ favor to equity long time ago. Rather, she treated it as a sort of contribution from JPig to equity in exchange of release from the debtors. Without 4.4B, what kind of contribution Jpig did to equity, tax refund? BS... Tax refund is our assets too.
How could she believe withdrawal of 4.0B would kill Jpig from viewpoint of business? Even JPig gave out billions as bonus, plus almost 4.0B to its stockholder in 2011?
On and on, otherwise, EC had no reason to appeal....
I knew from all your previous posts favor to her. But, the evidence from her opinion shown here can't convince many LONGS here. Conclusion that she is either a dinosaur or not a Judge for a BK court.
