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35. Re: Out of the Blue Nov 29, 2012, 15:28 Will W
Cutter wrote on Nov 29, 2012, 15:06:
Are you high on the marijuana, son? Those are the assholes who created this problem to begin with. Now they want to grab what they can and run like thieves in the night. Fuck them and the horse they rode in on.

While I understand your opinion on this, the decision doesn't lie with you, me, or the general public. This decision is made by the Judge with the input of the creditors. If the creditors feel that it's worthwhile, they will recommend to the judge to ok it and all will go fine. If they don't, then the judge will have to decide.

The judge already rejected converting it to a Chapter 7, meaning no overseeing trustee, and agreed with the argument that a trustee will take too long to come up to speed on how the business works and thus devalue the assets of the company.

Who anyone feel created this situation doesn't really matter at this point, what matters is getting maximum value for the assets. Potential buyers interested in the assets have inquired about rehiring the existing workforce. The faster and more efficient the sale can take place will benefit everyone. Sometimes when you're getting screwed there's nothing you can do about it but use a little lube to make it less painful. Think of these bonuses as the lube in this painful screw job.
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