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Friday, February 24, 2012 11:28:20 PM
The Harrs and Browns have co-mingled debts/judgments..
Since JD and his bride have filed bankruptcy I think Glenny boy and his bride are seeking relief via indemnification...as for the contribution claim....in my opinion glenny doesn't want to get stuck for more than what his share of repayment should be...again ..just a guess...it could also be pre-emptive action taken by Glenny boy to sidestep any fraudulent conveyance claims arising from ticked off shareholders or creditors surrounding JD's decision to sell the building and land for personal gain via the creation of WILKES HOLDINGS LLC... and any additional conduct undertaken by JD and co. which fraudulently transferred company/ shareholder assets and best interests for personal gain
Pink Sheets...where failing private companies come to die.
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