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08/01/20 12:32 PM

#106516 RE: Sorhay86 #106515

Ridiculous.
Absolute hogwash
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trader59

08/01/20 12:48 PM

#106519 RE: Sorhay86 #106515

Completely irrelevant, since the case is now closed and resulted in the liquidation of the company. This company is dead, nobody works for it, and the proceedings left it with nothing of value and with the remaining debt attached.

Answer me this, if this company was worth $540M and had only $100M of liabilities, why'd it file for bankruptcy at all? It could have done anything it wanted, borrow, sell stock, sell itself, and without the oversight of a trustee/monitor and without the approval of the 2 federal judges. Why submit themselves to that when the board and the shareholders they work for had full control?

That will go unanswered because there is no answer.
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Pnypnchr

08/01/20 12:51 PM

#106520 RE: Sorhay86 #106515

Hooray for Sorhay!

Ruffled some feathers again.
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dalesio_98

08/01/20 6:00 PM

#106538 RE: Sorhay86 #106515

And you are posting this now why?

Why didn't shareholders provide other written evidence & avail themselves of their right to be heard in the court case?




Shareholders are a Miniscule part of stakeholders under CCAA or BIA! Bottom of the totem pole.

Of course shareholders would not have been allowed an equity committee under chapter 11, 15, CCAA.

What was the reply to the query sent to Rosen lawyer?