Those people on the Inspection committee approved those liquidator fees and expenses.
I am interested in finding out what vested interest do those people on the Committee have in the liquidation. Is their interest on the Noteholder side?
Noted on the Report that the Trustee also got a big fee for the last reporting period.
Furthermore, it is those people who challenge the liquidator's decisions on their claims to be blamed for this delay in the liquidation process. I am wondering if the liquidator will pursue to recover the legal costs from those people if those people lose their cases. If not, something just smells more fishy.
The liquidator and the related could be just another "Board of Directors" to Noteholders.
Just my opinions.
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