InvestorsHub Logo
icon url

roger that

09/28/09 12:56 PM

#40114 RE: fisherman2009 #40112

taht's a good question for the US trustee seems to me some filings are secret and that leads me to believe stalking horse is in play conjecture
icon url

nsomniyak

09/28/09 1:00 PM

#40116 RE: fisherman2009 #40112

I don't think an asset sale HAS TO coincide with the POR, but it seems like the POR would take a whole lot of work and they would not want to have to do it twice, which a major asset sale might require (I am not an expert on bankruptcy law, so I say "might"--but this seems logical).

Therefore I think they would try to put it forward as a done deal in the POR if they could, rather than having the POR be a moving target that potentially required a lot of rework.