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Franconeli

05/28/10 6:06 PM

#204052 RE: Lawrence 147 #204042

It's up to the creditors and shareholders counsel to show missing financials. I think that the US Trustee is responsible for finding violation of BK laws or guidelines. And, the US Trustee set out some doozies in their filing. Another entity politely calling Rosen a liar, a cheat, and a thug:

5. “…..the false premise that their choice matters.”
6. “ ….the “trap door” concept……is unduly coercive….voting classes undoubtedly be unfairly discriminate against….”

This is not the kind of reputation that a law firm wants to be known for. Other parties can use this type responses against them in future cases especially if Rosen's office is reprimanded by the court in any way.
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gyspsy

05/29/10 4:51 AM

#204123 RE: Lawrence 147 #204042

Lawrence, true.
However SS seems to be on top of this whole fiasco.