AgFeed Industries Inc. (fka FEEDQ)

[finbar99]

>>HA. A compelling case still take 5-6 weeks. Reality takes less time. 100 million isn't quite enough to justify a need. You have to be able to show that the debtor intends to re-organize around something, instead of the current liquidation path.

You can have an EC in a liquidation - I've served on an EC in just such a scenario. Wall Street - your comments both here and on the initial ad hoc committee call strike me as being overly cynical - cynical to the point of being defeatest. I've mostly traded BK stocks for the last 10 years - I've seen cases going wrong in a 100 different ways, but I see them go right on occasions as well. Rarely happens when everyone sits on their hands and poo poos every last recourse.