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Leucadia National Corporation Message Board

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  • rrb1981 rrb1981 Oct 10, 2003 5:44 PM Flag

    WTEL bankrupcy means all

    Again, I'd like a link......but even still, a vast majority of WTEL's liabilities were present at the BK reorg. Even if they came forward with liabilities and assuming they were still valid(which they aren't because WTEL is not WCG, its a new company), they couldn't amount to much. How many companies are owed millions of dollars and have no idea that the debtor has gone BK? I'd say its a pretty good stretch on your part to say that WTEL still has "unknown" liabilities lingering around, just waiting to come out of the woodwork, but nice try.

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