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eom7

06/14/10 1:10 PM

#1642 RE: Enterprising Investor #1641

Great news... and the hits keep coming!
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56Chevy

06/14/10 4:03 PM

#1648 RE: Enterprising Investor #1641

Retaining Rallis is a good thing!

Why? This Post by EI last week is worth repeating:

Rallis files supplemental declaration in response (6/10/10).

Source: PACER (Docket 1505)

Based on my review, Rallis was contacted five times by parties interested in pursuing an OCC/alternate plan: a secured creditor on 3/05/10, another secured creditor on 3/17/10, an equityholder on 4/06/10, a third party on 4/15/10 and another third party on 4/21/10.

In addition, he declares on page 8 that since the last exclusivity hearing, the OCC has been approached by three different entities, who have each offered to pay unsecured creditors in full, with interest, on or shortly after the Effective Date.
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Enterprising Investor

07/08/10 10:14 AM

#1791 RE: Enterprising Investor #1641

New OCC appointments and structure (7/07/10).

The UST accepted the resignation of L.P. Carreras & Associates, Inc. from the Official Committee of Unsecured Creditors and appointed the following three creditors:

(1) Magnusson Klemencic Associates, Inc.
(2) D.B. Electric Co.
(3) Fast Taco #3, Inc.

The committee has also been increased from 5 to 7 members.

(1) EDI Architecture, Inc.
2800 Post Oak Blvd., #3800
Houston, TX 77056
Attn: Darcy Garneau
Phone: (713) 375-2130

(2) GeoDesign, Inc.
2121 Town Center Place, Suite 130
Anaheim, CA 92806
Attn: Chris Zadoorian
Phone: (714) 634-3701

(3) Kirman Plumbing Company
794 Merchant Street
Los Angeles, CA 90021
Attn: Sam J. DeFelice
Phone: (213) 627-5456

(4) Complete Terminal Services, Inc.
11105 Knott Ave., Suite E
Cypress, CA 90630
Attn: William L. Clements
Phone: (714) 891-2265

(5) Magnusson Klemencic Associates, Inc.
1301 Fifth Avenue, Suite 3200
Seattle, WA 98101
Attn: Bill Christopher
Phone: (206) 215-8269

(6) D.B. Electric Co.
20952 Hemmingway Street
Canoga Park, CA 91304
Attn: Dominic Borra
Phone: (818) 347-3117

(7) Fast Taco #3, Inc.
12800 Riverside Drive, Third Floor
Studio City, CA 91607
Attn: Larry E. Wasserman
Phone: (818) 760-3107

Source: PACER (Docket 1560)