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rickszy

04/08/10 11:41 AM

#186247 RE: SlyOne #186239

What I found a bit confusing initially – but since find promising - is the statement (in Rosens declaration), “the debtors have not yet had the opportunity to take any discovery of the Equity committee”!

To me, this means that Rosen is assuming that the EC may have some information not favorable to the debtors and wants a peek at it!

Hmmmmm … rs
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umaw

04/08/10 12:00 PM

#186256 RE: SlyOne #186239

Rosen's motives


I believe he cares nothing for the equity class. He was hired to make good creditors only. He has basically fulfilled that commitment. He does not care about discovery or he would have no objection. E/C is viewed to him as a "cost", an adversary to his egotistical control of the case (meaning he has to share the limelight with the E/C, a bunch of common folk that know nothing about bankruptcy law). Remember folks, this is the billionare boys club. THEY HAVE THERE OWN SETS OF RULES AND LAWS. It's very hard to prosecute them or get them to even perform common sense actions that are crystal clear to the common man.