School Specialty, Inc (fka SCHSQ)

[finbar99]

I wasn't aware Baker McKenzie was already on the case - yes it would be a conflict for anyone at the firm to represent common. Not surprised I guess that the convertible noteholders used her as she is very good. Proskaeur will normally do this sort of thing too, but I believe at some point I saw they were involved at some level as well.

My interest is in seeing the equity not get screwed, even though I don't have shares at this point. I've traded bk stocks for 10 years - I like to see equity get their due when it's fair whether I hold or not. I think equity deserves to be included in the plan here - I don't hold shares because I don't think that will happen - if I did have shares, I'd be making phone calls and emails to attorneys trying to convince them they have a good shot at being appointed as EC counsel in this case. My point remains - you need to find counsel (who isn't conflicted) that does EC work on a regular basis because time is of the essence - if you don't believe me, just keep writing shareholder letters to the court and see where that gets you.