I think the judge should call Yucaipa's bluff and dare them to walk away. Burkle wants this company. His threats to back out are tactical.
As I told all of you, PE wins at this game and the Common goes to ZERO !
Judge's ruling is inhttp://www.foxbusiness.com/news/2012/02/27/judge-confirms-aps-plan-to-exit-bankruptcy-proceedings/
HELLOOOOO, that judge is a complete retard. they all are.entire judicial system is CORRUPT cronies on the payroll of big fat corporates.
He may want it, but doesn't need it
Put the creditors, management, employees and unions in a room with Mr. Burkle....then decide "who needs WHOM more?"