Just finished. Pitcher partners have been removed & FTI appointed. Given the unbelievable rant Bryan Hughes gave around his independence & how good the board was & how stupid noteholders are to not let them be involved it was a wise choice I think. It sounded like James himself was giving the speech!
Next meeting is June 2. At this meeting the administrator has to table a report around the cashflow position of maintains leases & running the company. At last we may find out the true position of our company, something the board fought fiercely to keep from us.
This is going to be a very long & drawn out process.
creditors meeting
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