Rosen is right.....there are no other assets in the Chapter 11 pool of 'certain' Bankruptcy court assets used to settle 'certain' debts.. The debtor doesn't even have to list all liabilities either...just the ones that need a haircut necessary to re-org.
The Debtor claims Just enough Certain Assets in Chapter 11, to cover Certain Liabilities. No more, no less is required, unless you are insolvent in Chapter 7 requiring liquidation of everything.
Remote assets are just that...remote. They exist like your future assets in your grandma's will. You 'will' get them eventually, when the time is right.
To sue relatives in court NOW over assets earmarked for you later on in life, and whether your grandma justly intends to will 1% of her money elsewhere - is neither here nor there. You're suing over things that haven't been disbursed or received by/to you yet,.......... and its grandmas choice anyways within the rule of law.
Walrath said she would've approved the settlement anyways at that time, had it been contested. Which has now been re-litigaged and appealed and lost over and over......OVER something that clearly hasn't happened yet..
AliceBopNYStarbucks missed the litigation window by over 9 friggin years ! More time has passed since 2012 emergence into RE-Org, than there was from CHPT 11 infancy to 2012 approval... Think about that.....This still looks like carefully designed-to-fail theater to cement the efficacy of POR 7 against what will soon be a lot of angry people who didn't release as advised.
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