chade014, documents being 'under seal' have nothing to do with those documents proving guilt on anyone's part.
Just about everyone on this message board has tooted their horn about how these hedge funds were going to 'go down' if the depos ever continued and the 'truth' came out. Day after day. Week after week. Month after month. Based on what? No evidence has ever been presented showing they're guilty of anything.
That doesn't mean they aren't guilty. I'm the last guy to trust Wall Street at anything. But up to this point, we haven't seen the evidence. From the document:
"The Motion to Compel would multiply the millions of dollars in unfair expense and burden already placed upon Aurelius to date by this groundless shakedown operation and is calculated only to create an excuse to delay confirmation proceedings indefinitely until a ransom is extorted. The Court should not countenance such inappropriate conduct by a bankruptcy fiduciary".
From their pov, they have a point. The EC didn't get their way, so they are proceeding with the depos as a threat, i.e., you either play ball with us (EC) or we're going to make sure your butts end up in a Federal Prison. The people on this message board have even come out and said this, time and time again.
In other words, in exchange for their cooperation, the EC will drop the depos (like they did before). By just about any legal standard that I am familiar with, that indeed is a shakedown with a ransom being paid.
If the judge understands this, and doesn't receive one of those 'late night phone calls,' I believe she will put a stop to the depos.
Just my opinion. I could be wrong.
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