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Re: jackfburns post# 342783

Sunday, 11/06/2011 6:47:17 PM

Sunday, November 06, 2011 6:47:17 PM

Post# of 733227
I am sharing a combination of gut/experience in this case.

1. Gut; it tells me no settlement because there just hasn't been enough time. This is a very complicated case, and they have only been in mediation 2 weeks.

2. Experience in this case: I have been here since seizure day one. The debtors have done everything in their power to wipe out equity, why would they stop now? The SNH's imo will not give up billions to equity. They will fight it out in litigation and if it's starting to look bad, then maybe make a deal.

Bopfan and many others brought a lot of 'legal' experience to these boards over the past 3 years, and for the most part they have been wrong.

They were wrong about Weil, wrong about many of Walrath's rulings, wrong about Examiner, wrong about GSA being thrown out by Walrath. The list goes on...

And I admit, I am not right all of the time either. But I don't claim to be a lawyer with legal expertise. My gut and experience in how The Debtors, etc have handled equity tell me they probably told Lyons to hit the road the day he sat them down and said we'll go to war, f__k equity.

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