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big-yank

08/25/13 9:19 AM

#1262 RE: x1power #1261

There is a wealth of information regarding the Exide situation available at:

http://www.exiderestructuringinfo.com/maincase.php

The items to the left can be clicked on and include the list of assets and liabilities that I posted yesterday that were ruled "off topic" (???). The docket listings can be viewed by clicking on the numbered data caches. The lower numbers are at the onset of filings and the higher numbers are the most recent filings before the court.

Checking back, the initial Exide BK was filed in 2002 and wasn't settled by the court until 2004. Is this a precedent? I also rediscovered the fact that the judge threw out their first asset valuation and said the creditors were due about 40% more than initially put forward by the company. Is this also a precedent?