InvestorsHub Logo

hotmeat

04/02/18 2:59 PM

#515551 RE: Dmdmd2020 #515546

QUOTE: "Trust represents that the trustee and the trust advisory board have been working in an expeditious, commercially reasonable manner to monetize assets, to analyze and pursue any valid causes of action (including, without limitation, tax refund claims, preference actions, and potential causes of action against former directors and officers of W)"



A preference action is an action brought by the Trustee of a bankruptcy estate (or a debtor in possession) to recover payments made by the debtor to a creditor prior to the filing of the bankruptcy petition.


Not sure how this is possible after this lengthy period has past???