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Re: WithCatz post# 263662

Monday, 10/22/2012 11:19:29 AM

Monday, October 22, 2012 11:19:29 AM

Post# of 735713

It was sealed BECAUSE of #1. Not necessarily because of the contents, but because of the manner and agreements made.



Agreed, but, why would Susman enter that document behind closed doors, knowing it was confidential, if the contents didn’t contain anything of importance? On the surface – since it is between Weil/Quinn and the bondholders, it would serve no purpose to equity. I can only speculate – (since it created heart palpitations) - that the document was showing some type of fraud and was trying to be used as some kind of bargaining chip by Susman.

The only problem with the above; we discovered that it’s not possible to have fraud in a Delaware bankruptcy case. The slope is slippery while trying to prove fraud in that foreign State; it goes against the grain of those who paid good money to have the laws favor them.
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