School Specialty, Inc (fka SCHSQ)

[free_bee]

Have you noticed vendor claims being transferred to Tannor Capital? Also there was one dispute by a business owner over the transfer of his vendor claim to Tannor. He mentioned that he was out of town and that his 2 employees who are working as secretaries signed the paper without being knowledgeable and authorized to do the same. This was for a claim worth 5K. I wonder why that guy was worried about getting his claims back? How much would have paid the bankruptcy attorney to file the claim, etc? If all is approved Monday, these have 0 values. I see few more claims being transferred to Tannor. So what is going on? Also more vendor claims being bought by Hain Capital at this moment, so close to the hearing. What made them to throw their money in? Roulette style? Probably not.