This post I can agree with. Except for one part, the Trustee did file with the court giving their approval for the examiner. That is part of the trustee's job.
The judge probably does not care which side wins in the short or long run. I say probably because there are 2 judges in Pennsylvania who basically were selling kids for cash. They were sending juveniles to jail for minor offenses in order to receive kickbacks from the detention center. I know this has nothing to do with Judge Sontchi; my point is there is corruption at every level.
I'm going to believe the judge doesn't care at this time.
Also, I do not think the judge erred in his rulings. I would have ruled against the Equity Committee and for the exclusivity extension. I disagree with his ruling on the motion for the examiner because I believe an independent third party is the best way to get a fair value of things. I think this should be done in a majority of large dollar bankruptcy cases not just Visteon's. Just because I disagree with his ruling does not mean I think he did anything wrong, it certainly doesn’t mean I think the law was misinterpreted, just that I don't agree with his opinion.
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