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Re: Stanner post# 4364

Tuesday, 08/21/2012 3:33:58 PM

Tuesday, August 21, 2012 3:33:58 PM

Post# of 7508
NY = better for creditors.
WVA = Better for Union.

That is what it boils down to. Union believes WVA stand a better chance in that venue as opposed to NY it is more creditor friendly.

I know debtors used the NY as "less expenses etc" (attorney, etc located in NY venue, debtors pay expenses/travel to WVA if venue is changed).

Can you post where you got "various people who PCX owes money to, join with the miners union in requesting a venue change"?

I ask because it benefits creditors to have NY as the venue because the more the Union gives in/looses, the more creditors can recover.

That is why I say it is creditors vs. the Union and equity is just the audience.

imo

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