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Friday, 01/13/2012 3:42:05 PM

Friday, January 13, 2012 3:42:05 PM

Post# of 733602
In the letter from equity committee to shareholders, it mentions that "the litigation sub-committee" will have $20 million as maximum amount to pursue affirmative action against claims such as professional malpractice, breach of fiduciary duties, and business TORT claims. Also, they'd have this control for the first 6 months and after that either TAB will or litigation sub-committee will take the responsibility to pursue.

Given the $11 million per month burn rate of estate in this case, do you all think $20 million would be enough?


http://www.kccllc.net/documents/0812229/0812229120112000000000006.pdf

Page 5 of EC letter to shareholders.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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