I did find a couple sources that seemed (to me) to reference stalking horse bids for Ch. 7. One was inforuptcy.com. A couple defined the term and then mentioned a atty. name that does Chapter 7 trustee work immediately after in the "copy."
But it seems important that the trustee did tell another poster here that the IP will be sold. So someone, if not RCPI, WILL sell the IP. Since I believe the seller has to be a proven creditor, who might that be? I admit I do not understand whether the RCPI attorneys would handle any bidding or a creditor like Maxim would somehow get the right to do it.
One further thought: so far I don't see any way even as a group we can actually be in on the bidding, unless someone wants to hire an attorney. But at some point, maybe at the pacer site, we could find out when it gets to the bidding stage and see what happens.
All it takes is one entity to think this IP IS of some value and pull some scumbag trick to get it cheap. Just to exaggerate, if no one was paying attention, could one pharmaceutical company that sees the value of anatabine citrate, make a bid of $10,000?
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