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feinanddandy

07/09/08 5:42 PM

#8015 RE: skunksyard #8013

What I am saying is "If" they force NCEY into Bankruptcy they won't have those options. ALL assets/accounts are frozen until which time the dispute is settled within Chapter 7 or 11.

Sure, A/R can still be collected into a "Holding" fund, although neither Laurus nor New Century will be allowed to touch that fund until it's resolved.

Please, trust me on this.