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EASTMAN KODAK CO Message Board

  • updated.robot updated.robot Aug 20, 2013 12:31 AM Flag

    sports - are you ready for a run up ?

    where the heck are you, how many dockets did you read so far today?

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    • updated

      Just reading the docs.

      Here is the Longs Long Shot to stop or adjourn the Confirmation Hearing tomorrow. 2 important things happen today. Judge Gropper signed the EBP Settlement Agreement, doc 4885, and the UCC approved the POR, doc 4890.

      In doc 4890, the Trustee objects to Third Party Leases. This is the KEY. WHO IS THE PURCHASER OF EBP THAT JUDGE GROPPER SIGNED WITH DOC 4885.

      Doc 4100, spells out that EBP is sold and EK & DI/PI must lease back.

      WHY DID THE UCC AGREED TO THE POR JUST TODAY?

      IF LONGS CAN BRING UP THIS ISSUE AT THE CONFIRMATION HEARING TOMORROW THIS WOULD BRING SOME CONCERNS FOR JUDGE GROPPER TO APPROVE THE POR. THE TRUSTEE IS DEAD SET AGAINST THIS ISSUE.

      IMPORTANT DOCS TO READ TONITE:

      4100 Motion EBP Settlement Agreement

      4885 Order Approving EBP Settlement by Judge Gropper

      4890 Statement of Official Committee of Unsecured Creditors

      4900 Corrected Amended Agenda August 20, 2013

      ,

      • 3 Replies to sports_jjunkie
      • 2 important factors remain in this case. The Trustee objected to the POR and the Insurance Company did not assume the liability on exit for EK from BK. The liability was assumed by EK.

        Judge Gropper signed doc 4885 on August 19, 2013 EBP Settlement Agreement.

        No mater what happens, Equity has a stake in EBP. It may not be in the next 6 months maybe 2 years from now but since this Agreement was approved by the Judge, it becomes a valid argument for Equity since this was not disclose on Confirmation on August 20, 2013. Who was the purchaser of EBP and how much did they pay for it?

        Since the Trustee objected to the POR, the Civil Lawsuits should have access to the files of the Trustee.

        Disclose:

        I own no shares of EKDKQ at this time. I sold on August 20, 2013 when Judge Gropper Confirmed the POR.

        Important docs to keep in mind

        4100 Motion EBP Settlement Agreement

        4885 Order Approving EBP Settlement by Judge Gropper

        4890 Statement of Official Committee of Unsecured Creditors

        4900 Corrected Amended Agenda August 20, 2013

      • Its too bad you don't know how to read. Really sad.

        The EBP settlement has nothing to do with a sale. It has not been sold.
        READ and UNDERSTAND. I know, its too much to ask.
        Today the final nail in the coffin with the approval of the POR. Congrats!

      • updated

        See if SBG can get the purchaser of EBP or make someone come with a name.

 
EKDKQ
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