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Wednesday, 03/13/2013 11:35:59 AM

Wednesday, March 13, 2013 11:35:59 AM

Post# of 14330
And now for something completely different. There is a new document on the company website. From what I can gather, Credit Suisse tried to have the BR process nullified on the grounds that the noteholders were not notified in the appropriate way within the time constraints stipulated by law. The judge rejected this on the grounds that the company PR did seem to successfully inform them within the time constraint and further, even if the judge nullified BR the noteholders would have the right to request it be reinstated and the judge would grant that. So, the judge reasoned, it would just be a waste of time and money to nullify BR. Thereby, the judge upheld our BR and BRP.

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