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the_hoard

03/26/19 11:35 AM

#3213 RE: Letterpenny #3212

It was a limited objection and rightly so, though it'll be interesting to see how his request for due diligence effects the deadline. That said, the trustees concerns can be bypassed by the judge. Man, to be a fly on the wall in his chambers. I bet this goes into his top 10 most corrupt cases.

Pros and cons depending on how you look at it:

Cons
Kirkland is objecting to the Cep deal
Trustee is objecting to Cep deal
Deal deadline is the 31st
Teper called out and true value not established


Pros
IMNP is seeking confidentiality around potential offers
IMNP is seeking to move forward with Cep deal
iCo is present
Deal deadline is the 31st