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CopperKen

02/23/11 10:02 AM

#71194 RE: svalente2002 #71193

Again here are the sections Scott referred to:
I. As of February 13, 2011 there were no offers to the Secured Creditors to purchase the Secured Claims pursuant to the terms of the Settlement Agreement.
11. This Order shall not prevent any person/entity from buying the Secured Creditors' claims.

Sounds to me like an entity like one sponsored by ESHC could swoop in and make everybody happy.
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FFF

02/25/11 9:33 AM

#71277 RE: svalente2002 #71193

The Settlement agreement only deals with the secured creditors. There is also a large group of unsecured creditors who would still be involved. The ESHC is in communication with all parties involved.

FFF