OK...today the courtroom was ready for a showdown...packed for the first time in months and lots of new faces.
Some observations:
1) There are still some parties that are not fully part of the negotiated settlement...again, I ask WHY? Answer...they don't need to be there...they will be ok (answer is IMHO)
2) Again, housekeeping items, that while scheduled previously, seem to continue the recent practice of tidying things up.
3) Several discussions between Debtor and other parties...more so than usual and at one point I overheard BR thank two attorneys and ask if they included specific numbers. Those attorneys never stood to speak, and BR didn't reference anything today with numbers, other than the dates of the hearings...but he absolutely asked about numbers, not dates in his conversation.
4) There seemed to be a real urgency in the voices of many of the attorneys that did speak...almost as though if they didn't get their point across now, they would forever lose the opportunity...w a settlement on the way.
5) Although disappointing, I think the previous timeframe established by BR to get all parties to agree and write the docs was too aggressive, he seemed much more committal today with JMW on the 17th as the filing date.
6) Again, no one from EC, other than local co was there...are they stupid or do they think/know they've got the goods?
7) Art's comment to me about the irony of those who everyone said were worthless now being in control of the whole thing was interesting...fwiw, we talked very generally about settlement and I through out $20/share at one point to try and get a read...and he said, that's not happening. Again, FWIW!
8) I found it interesting that JMW was chomping at the bit to hear about the POR7...
9) On a slightly more humorous note...Art mentioned that he sometimes reads here, and knew that I had a slight crush on him :)
OK, pepper me w questions...the heat is making me slow and I didn't have time to review the tweets...
Ilene
