Thank Pat,
I think it has come to this action or we just roll over. Hopefully, someone with some knowledge of the law will be able to answer the question of can we delay the second meeting of the creditors while we get our act together.
The basis for an argument for delaying the meeting is pure and simply the quality of the 439a is such that it does not enable anyone to make any decisions. The DOCA does not have the support of the major creditor (JV partner) and it is devoid of detail. The report makes assertions with no research or information to support the assertions and the major part of the report is the justification of the VA charges.
These guys are worse than the bankers that brought the world to its knees.
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439a report, page-18
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