Replies to post #135 on Medley Management Inc. (MDLM)

[56Chevy]

Marker:
Medley Management In (MDLM)
0.60 down -0.1499 (-19.99%)
Volume: 4,293

MDLQQ- currently @ $.043
MDLXQ- currently @ $.043

*As predicted, and to no ones surprise, MDLM's common equity has been dropping like a stone..quickly heading for extinction.

The bonds however are ranging right where one might expect at this point just under the 2% recovery estimate given in the Plan.

**Again if you just came to this board those estimates do not include what, if any, windfall dollar$ the "causes of action" by the SEC may add to the estate.

[56Chevy]

Court Doc #0342

NOTICE OF SELECTION OF PROPOSED LIQUIDATING TRUSTEE

[....]

PLEASE TAKE FURTHER NOTICE that in accordance with the Plan Term Sheet and consistent with the Plan, the Creditors’ Committee hereby provides notice of its selection of Saccullo Business Consulting, LLC to serve as proposed Liquidating Trustee of the Liquidating Trust to be established under the Plan.

[....]

Source:
https://www.kccllc.net/medley/document/list/5510

From LinkedIn;

About

Anthony M. Saccullo is the founding member of Saccullo Business Consulting and A. M. Saccullo Legal, LLC. For nearly a decade, Anthony practiced law in Wilmington, Delaware primarily focusing in the areas of bankruptcy and creditors’ rights, and corporate and commercial litigation.

Throughout his career, Anthony has represented entities in every facet of bankruptcy—from pre-bankruptcy planning though plan confirmation. He has also represented creditors’ committees, equity-holder committees, secured lenders, landlords and other creditors in bankruptcy.

Anthony has been engaged by liquidating agents, chapter 7 trustees, chapter 11 trustees, and other post-confirmation entities formed to administer, liquidate, and distribute estate assets. During the course of these representations, Anthony had the opportunity to analyze and prosecute thousands of preference actions, which seek to ensure equitable recoveries for all unsecured creditors.

Anthony is a certified mediator in the Superior Court for the State of Delaware, and an approved mediator in the United States Bankruptcy Court for the District of Delaware.

[56Chevy]

Court Doc #0381

UNITED STATES TRUSTEE’S OBJECTION TO CONFIRMATION OF THE THIRD AMENDED COMBINED DISCLOSURE STATEMENT AND PLAN OF MEDLEY LLC (D.I. 324)

Source;
https://www.kccllc.net/medley/document/list/5510

Marker:
Medley Management In (MDLM)
0.05 down -0.2 (-80.00%)
Volume: 1,865

MDLQQ Currently @ $0.31
MDLXQ Currently @ $0.31