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fsshon

05/31/10 3:03 PM

#204388 RE: NoTuck #204382

Debtors are "stonewalling" the EC and their professional representatives from getting the info. However they do need to file MOR (Monthly Operating Reports) and SEC required filings. Solomon can look those over and put fair value [FV] on those assets, instesd of the book value [BV] which debtors [A&M] are using. Blackstone was brought in to help keep A<L. This is what they do, Susman is well aware of how the game is played.

EC can file a future potential litigation awards POR if I am not mistaken, but they have to have some concrete evidence to show THJMW to get her to look at their filing. selling Visa shares to JPM for 25 Mil, when they could be worth as high as 300 Mil is a joke. We could offer to purchase them for 26 Mil and get THJMW to agree with that. There is going to be a
"Mirant Style" valuation fight real soon.

Asking for the SJ decision on the deposits, will be the first sign. They can ask for the IRS refunds to be deposited into the debtors account and then the parties who claim to have title to some of these monies can file suits against us for once. We will battle very hard to keep every dollar, they will have a fight on their hands once the money is in the estate's hands. "Don't for get CRAMDOWN for Creditors once we get the money in account."


~Fish~