My reading of this is an attorney was added so they have to notify every entity involved.
It's kinda nice to have a reference of all the creditors in one spot though.
digdeepandprosper
joined 11 months ago
My reading of this is an attorney was added so they have to notify every entity involved.
It's kinda nice to have a reference of all the creditors in one spot though.
The only thing I came out of it with is we need to organize tomorrow and try and get the waterfall status from the plan administrator.
If you search for waterfall and bankruptcy some case precedent does come up. Check out this one, where the plan administrator openly has some conflicts of interest as a common shareholder and even brings a suit against preferred shareholders:
https://www.pbwt.com/bankruptcy-update-blog/court-holds-plan-administrator-didnt-have-a-conflict-in-bringing-a-lawsuit-against-preferred-shareholders
"... the Plan Administrator argued that he was protected by an exculpation clause in the debtor’s plan of reorganization. "
^ So maybe we should dig for Plan Administrator clauses in the plan of reorganization?
Totally agree that the helicopter was a clue. Maybe in the serial number (2043)? Ownership history? Where it's been flown? N212SP It seems to stick in the FL area and not go anywhere fancy.
https://globe.adsbexchange.com/?icao=a1c28e&lat=27.309&lon=-80.331&zoom=11.2&showTrace=2023-10-23×tamp=1698082260