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maddogs

04/04/07 6:54 AM

#9629 RE: rocketeer357 #9628

There cerntainly are indicates why the "pear shape" came from
Rocket. RTC, the gas supplier, had fiscal problems, did not perform for the landfill, was going bk during that time, was thrown off the site by WMI, did indeed File for bankruptcy,
Listed the GAS CONTRACT as an asset in the BK, State Court refused the transferability of the GAS CONTRACT as an asset in the BK proccedings.
Now Supreme Court jurence is involved. As a side note, in Alabama court reviews and other commentaries, the action of the presiding state judge on initial state bk procedings for RTCs bk has been vilified as none of the associated parties to the bk were able to get relief in the chastang situation, including CTUM. Will it eventually be determined, yes. When? When the courts finish. Till then it would appear to the parties concerned that the Gas contract locks the gas supply.