This amicus brief is being respectfully submitted on behalf of over seventy equity shareholders of Spongetech Delivery Systems, Inc. to offer their perspective on the issue before the Court. For these equity holders, an overwhelming concern exists regarding the perceived conflicts of interest of the appointed trustee S. Gregory Hays. More importantly, these equity holders are alarmed by the failures of Mr. Hays and the United States Trustee to disclose to the court relevant information pertaining to Mr. Hays’ disinterestedness prior to the entry of the Order appointing him as trustee. In light of the irreparable harm that creditors and equity holders could endure from a hidden agenda, the court is urged to reconsider its approval of Mr. Hays as trustee over the debtor and appoint a party mutually acceptable to the debtor and creditors alike.
07/26/2010 56 Memorandum of Law Amicus Brief filed by W. Darrell Whitley on behalf of Several Shareholders. (Attachments: # 1 Exhibit A# 2 Exhibit B-H# 3 Exhibit I-P) (Whitley, W.) (Entered: 07/26/2010)
And To the Twenty Largest Creditors of Spongetech Delivery Systems, Inc.:
Name Fax#s
Tampa Bay Buccaneers 813-876-2089
Queens Ballpark Company, LLC 718-507-6395
Vanity Events 212-695-5869
Arizona Diamondbacks 602-462-6600
MSG 212-465-6365
Brown Rudnick 212-209-4801
The New York Football Giants 201-939-5275
WFAN-AM 212-608-7266
Chicago Bears Football Club 847-272-0098
Gersten Savage LLP 212-980-5192
ANC Sports Enterprises, LLC 914-696-2101
Bobcats Basketball, LLC 704-688-8725
Sportsnet New York 212-485-4803
Cleveland Cavaliers 216-420-2239
Washington Redskins 703-726-7486
Duane Morris 314-432-6842
New York Islanders 516-501-6762
Rogers Media Inc. 416-341-1442
Cleveland Browns 440-891-5009
Houston Texans 832-553-7701
07/26/2010 56 Memorandum of Law Amicus Brief filed by W. Darrell Whitley on behalf of Several Shareholders. (Attachments: # 1 Exhibit A# 2 Exhibit B-H# 3 Exhibit I-P) (Whitley, W.) (Entered: 07/26/2010)