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Zitat SlyOne:
Quote from Ystr hearing.
Sargent: I am not a BK expert.
So, for those who hammered me on not liking SG.
There you have it.
SG are not BK experts.
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Zitat Lawrence 147:
SLyone I caught that right off the bat I said to myself why would he bring that up? The first set of stairs I ever cut the boss asked me “know what you are doing”? I answered yes and cut the stairs, point is if I had answered no I never would have cut the stair jacks and would have remained a nailer’ only nailing together what others had cut. Of course the same hold true with each phase such as the roof right down to the millwork. Today I can safely say hand me a picture with dimensions and a code book and I can build your house.
I went through all of that because when I hear Sergeant say that right away I knew he knew better than that, so I asked why? That feller was sending a message to the others right their (Ok I am no bankruptcy lawyer, I am a litigation lawyer in the top litigation law firm guess where I am taking my job?) he was telling them I have your miserable hides nailed to the wall and if you don’t now play the game my way we will find ourselves in my play ground.
True I was a bit disappointed yesterday with his performance; that is until I was able to listen to the hearing. I also heard LIBR say “then why are we hear” I submit this to you Sergeant got what he wanted, the additional documents from Aurelius, a definition of material non public information, and the time and disclosures. Likewise he showed where the SNH had not provided documents required by the court as well as an admission that they had not provided all of the documents.
All in all I would say that the litigation lawyer got the bankruptcy lawyers and other forms of corporate lawyers to throw the Debtors under the bus for starters as well as admit to the court they had not complied with the order. Likewise Sergeant was able to convey to them that S&G already had the documents and that S&G was prepared to use them.
Yesterday I posted where I had thought Sergeant had dropped the ball and not told the court why he needed this information. I was wrong it was all right there in his opening statement and he left it at that, basically unwilling to push the judge to a point of anger or one of inattention. He got what he went after and I would say a whole lot more.
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Zitat SlyOne:
2Nd, funny quote.
POSJWM to Feldman, i think.
You say that the no more docs will be given, But then you say all doc were given.
>?????
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Zitat Lawrence 147:
Slyone we now have the testimony of the HF that they were instrumental in the formation of the settlement, we have their testimony from yesterday they were brought in by the Debtors to facilitate the settlement because JPM did not want to be the only ones giving anything up. We have their testimony they continued to trade with the exception of one 6o day period.
Is it a stretch to say that if they were instrumental in forming the settlement and that they were buying their securities with that information that the GSA or the POR were formed in good faith? I can not recall the hearing but I recall I believe it was Rosenturd who testified that they sought the lowest possible number for the valuation and did not even try to recover everything for the benefit of the estate.
The GSA is dead and POS POR 6.5 is dead as well I have the impression Rosenturd knows this and is pushing this hard and S&G are willing to go along with it as well to move this to the DC court and do things right.
Even the judge is to the point where I think she is giving up helping these clowns. She gave it her best shot but they won’t even help them selves. In Asia they catch monkeys’ by placing things the monkey wants in a jar that is attached to a rope. The monkey reaches in and tries to take what is in the jar but because the monkey’s hand is larger coming out than going in the monkey can not get its’ hand out of the jar. These hedge monkeys need to turn loose of the money and get their hand out of the jar.
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Zitatende
MfG.L:)
Bitte um Verständnis, bin etwas in Eile;)
MfG.L:)
Alles nur meine pers. Meinung, kein Kauf- oder Verkaufs-Empfehlung!