Replies to post #47763 on Chemtura Corp (fka CHMT)

[ShootinBlanks]

I think it is the deadline for K & E as well

[Garymc]

I stand corrected, it is the Debtors, as stated in the letter:

"Please submit a written response to this Office on or before November 16, 2009, setting
forth the Debtors’ position regarding whether an official committee of equity security holders
should be appointed based upon the increase in the Debtors’ book value over the last quarter. In
your response, please also address whether the Debtors still believe that plaintiffs’ recoveries"

[sullivot]

K&E is correct; unsure about the creditors.

As was stated before, K&E is contradicting themselves regarding an equity committee and the Deloitte hiring. On one hand, they stated that there was presently no need for an EC, but they would look at it IN THE FUTURE if conditions warrant. On the other hand, they claim that they need to hire Deloitte now just in case conditions warrant their services for fresh-start accounting. Just who are they kidding with their statements? I'm hoping the judge will pick up on this inconsistency and call them on it.

I'm watching and documenting all their legal doublespeak very closely.