Replies to post #57 on Fremont General Financing 9% TOPrS (fka FMNPQ)

[Enterprising Investor]

Debtor in control until exclusivity ends.

Liquidation may be the best initial plan based on outstanding litigation. If the exclusive period is extended, then more of the cases could be resolved. However, the legal fees continue to ramp up.

The Creditors Committee will be developing its own plan. The members have insight to FRC, which we do not.