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Bluzie2

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Bluzie2

Re: ilenes post# 295008

Tuesday, 05/24/2011 2:13:45 PM

Tuesday, May 24, 2011 2:13:45 PM

Post# of 735033
Ilene -

I tend to lurk, but I've followed your posts for what seems like forever. Anyway, no Steinberg? I don't see how this proposed settlement works without DIMEQ going along, given the absolute priority rule. I mean, if DIMEQ is class 12, there's no problem, but _if_ DIMEQ was to lose and be class 21, ahead of equity, then there could be a $350M problem for equity, given that is the amount already won in the DIMEQ litigation. Do you have any information?
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