Replies to post #812 on School Specialty, Inc (fka SCHSQ)

[Liam_S]

I hope that whoever is arguing on behalf of equity does a darn good job of convincing the judge that this case has not been run in the best interest of the Estate. The fact that the DIP holders were initially going to be assigned 95% of equity in the reorganized company in satisfaction of their claim and is now accepting 65% in satisfaction of that same claim really does call into question the valuation of the debtors in the first place. Anyway we wait and see at this point.

[ducktor]

I thought his decision was final.