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Zitat rockie101:
voodoo....but like they say on the P's board the holders of P's are not going to worry about the commons...so they will not accept a hair cut.....just have to wait and see.
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Zitat wamuvoodoo:
rock i was told the vote goes threw the ec 1st rule 9019
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Zitat With Catz:
Can you clarify the "I was told the vote goes threw [sic] the EC 1st"?
My understanding is that 9019 is between the Debtors with adversary proceedings they have. Used as an alternative to litigating them, that is, settling them. (Or as a guideline for the reasonableness of a settlement)
In our case, the Debtors have decided to 'settle' these adversary issues through the GSA, and therefore 9019 does not apply to requiring Equity to be involved. Just that the precepts of 9019 apply to the Settlement (GSA) that the debtors are putting forward as a 'reasonable' compromise -- one that the court has already agreed with.
I can't find examples of where 9019 requires any relationship to Equity, or requiring any 'vote' by Equity before a 9019 'settlement' is approved.
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ZItat wamuvoodoo:
catz again your memory is fading ,that is the 1st sign of Alzheimer's..catz months back during the 1st attempt to pass this garbage rosen stated this plan would have to go threw a 9019 ..which means the ec trustee and judge have to approve 1st before it goes to a vote to shareholders....even nelson asked rosen to verify that the plan had to go threw 9019
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Zitat With Catz:
You're making two separate comments, and ignoring your own earlier comment and my question.
1) The plan would be subjected to a 9019 evaluation.
TRUE. I said that as well. {my memory is not fading there}
2) You go on to say, that the 'EC Trustee and Judge have to approve 1st'
TRUE. I said that as well. That the judge would evaluate the reasonableness of the 9019 compromise. {My memory is not fading there]
What I'm asking about is your comment that "i was told the vote goes threw the ec 1st rule"
investorshub.advfn.com/boards/read_msg.aspx?message_id=63136786
And I said: "I can't find examples of where 9019 requires any relationship to Equity, or requiring any 'vote' by Equity before a 9019 'settlement' is approved"
...Catz
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Zitat wamuvoodoo:
What kind of plan? If you mean a Debtor's POR {Plan of Reorganization], I think we have evidence of that NOT being true.
Twice.
Zitatende
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MfG.L:)
Zitat rockie101:
voodoo....but like they say on the P's board the holders of P's are not going to worry about the commons...so they will not accept a hair cut.....just have to wait and see.
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Zitat wamuvoodoo:
rock i was told the vote goes threw the ec 1st rule 9019
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Zitat With Catz:
Can you clarify the "I was told the vote goes threw [sic] the EC 1st"?
My understanding is that 9019 is between the Debtors with adversary proceedings they have. Used as an alternative to litigating them, that is, settling them. (Or as a guideline for the reasonableness of a settlement)
In our case, the Debtors have decided to 'settle' these adversary issues through the GSA, and therefore 9019 does not apply to requiring Equity to be involved. Just that the precepts of 9019 apply to the Settlement (GSA) that the debtors are putting forward as a 'reasonable' compromise -- one that the court has already agreed with.
I can't find examples of where 9019 requires any relationship to Equity, or requiring any 'vote' by Equity before a 9019 'settlement' is approved.
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ZItat wamuvoodoo:
catz again your memory is fading ,that is the 1st sign of Alzheimer's..catz months back during the 1st attempt to pass this garbage rosen stated this plan would have to go threw a 9019 ..which means the ec trustee and judge have to approve 1st before it goes to a vote to shareholders....even nelson asked rosen to verify that the plan had to go threw 9019
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Zitat With Catz:
You're making two separate comments, and ignoring your own earlier comment and my question.
1) The plan would be subjected to a 9019 evaluation.
TRUE. I said that as well. {my memory is not fading there}
2) You go on to say, that the 'EC Trustee and Judge have to approve 1st'
TRUE. I said that as well. That the judge would evaluate the reasonableness of the 9019 compromise. {My memory is not fading there]
What I'm asking about is your comment that "i was told the vote goes threw the ec 1st rule"
investorshub.advfn.com/boards/read_msg.aspx?message_id=63136786
And I said: "I can't find examples of where 9019 requires any relationship to Equity, or requiring any 'vote' by Equity before a 9019 'settlement' is approved"
...Catz
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Zitat wamuvoodoo:
What kind of plan? If you mean a Debtor's POR {Plan of Reorganization], I think we have evidence of that NOT being true.
Twice.
Zitatende
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MfG.L:)
"Mit der Dummheit kämpfen Götter selbst vergebens"
