Replies to post #15507 on GT Advanced Technologies Inc fka GTAT

[SirBika]

From my understanding this deposition is to take place before the 10th as to not cause further delays.

[XenaLives]

The window for creditors to object to settlement on the 10th was extended to 2pm Dec 5th - posted yesterday.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=108731546

I believe this means that the deposition will take place quickly because creditors believe it may provide an argument against the current settlement. Specifically that Apple committed tortious action that injured them and that GTAT should not be permitted to settle all claims as stated in the current agreement.

This, in turn, could bring an improved counter offer so that they would be made whole. No one, including Apple, wants to see this drag on for years.