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ILVMNY

12/30/09 11:44 AM

#131317 RE: Mike2211 #131315

The trustee was requesting the judge to order the debtor's counsel to give them a copy of equity holders for the possible formation of an equity committee. Debtor's counsel objects to this committee, as they always do, for various reasons. One is that it can slow the process down because it's one more entity involved. But usually if the trustee requests something, it is granted. So the bottom line and belief is that an equity committee will be formed. It's not a for sure thing, but looks good right now.
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linda1

12/30/09 2:14 PM

#131376 RE: Mike2211 #131315




The US TRUSTEE requested an Order for a list of equity holders to form an EQUITY COMMITTEE and the Order was granted.