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Smalls

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Smalls

Re: Dragonwing post# 2835

Friday, 04/01/2011 12:45:35 AM

Friday, April 01, 2011 12:45:35 AM

Post# of 6691
If you look at article 30 in the main BK. It states: "VPC and Ascent shall have no liability or other obligation of debtors or the trustee arising under or related to assets...". The deal was approved therefore the bk was dismissed. Ascent is no longer liable as stated above. It also states that Ascent acquired "all assets" so this would include the shell GACF. With them recently updating standings this could mean they plan to use the shell.
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