... Somethings to Consider ...
Remember, at the Appeals Court Level, the Court does NOT have to accept a case ... They have the power of refusal and then the district ruling stands ....
Also, IMO, the Appeals Court accepting this case possibly means there is merit to the cause for the appeal or that the District Courts decision lacked precedence
Also, again IMO, since we have converted to a "7" liquidation back in April .... there would be no reason for an equity commitee, again IMO ....
The final "Post to Close" would have or should have a proper accounting for final distribution to classes using APR ... (Absolute Priority)
There will be no plan of reorganization presented at this point ..... And IMO, it's doubtful this dog unwinds .....
I see 200m minimum myself without the auditing of the 363 sale ... so ...... that's what I'm seeing ...
The FDIC won't want a recorded loss and BS will be all about the "Financial Recovery" as they get a percentage of the final .....
AZ