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Re: Desperado90 post# 291881

Friday, 05/20/2011 8:28:35 PM

Friday, May 20, 2011 8:28:35 PM

Post# of 730273
Desperado -- I know it is not the exact same type of case, but I was trying to research what all is needed for exit financing. Is $100 million enough to do it, assuming we get at least some of the resources you mention in your post? I would think it is, but will Rosen somehow try to slow this down even further. I would like to think that he knows he will be returning some money to the estate, but as others have said nothing from him surprises me. I found the Delphi case and it seems very complicate to emerge from chapter 11. Does anyone have knwoledge of if they think we can be viable (or sold)?

A link to Delphi article about emerging from BK:

http://www.jonesday.com/files/Publication/3ad21f48-d795-4a97-85af-b1559db63517/Presentation/PublicationAttachment/4fb8ffd8-0c3e-4c0e-864b-0b6aded91835/CBall_NYLJ042408.pdf
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