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Re: woops post# 11810

Monday, 10/08/2012 3:32:22 PM

Monday, October 08, 2012 3:32:22 PM

Post# of 14551
No, those things, while egregious, are commonplace...unfortunately.

There was a judge in NYC on a case that closed earlier this year, who made disparaging comments regarding the shareholders...first that they must agree with the POR since not many filed objections, and then, when we did a drive to have shareholders file objections, the judge berated us because the objections were essentially the same...she was pissed that shareholders were helping each other with the wording.

Whether or not she was actually helping the Debtors...the fact that she didn't bend over backwards to help the little guy was incredibly disappointing.

Other judges I've been in front of are gentle with shareholders...even if there's no money at the end of the waterfall. Its a daunting system and I firmly believe that all shareholder involvement should be encouraged.

Sorry...long answer :(
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