(Total Views: 1005)
Posted On: 09/02/2017 1:54:28 PM
Post# of 106642
Re: LionsPride #23390
$SOUPQ taken from the "withheld" Law360 article
If you use bing and search "soup man" click news.
You can read the entire article from law360
"She(judge) neither approved nor denied the sale motion, leaving the door open for actions from the debtor to supplement the record and resolve the objections of senior secured creditor Hillair Capital investments LP. During a recess in the proceeding, Soupman's attorneys made attempts to rectify the issues the court highlighted before Judge Silverstein made her ruling."
"Those attempts included convening a telephonic board meeting to adopt a resolution approving the asset purchase agreement with Gallant and filing complete schedules on the assets to be acquired in the deal and the assets that would be left behind in the estate."
"Judge Silverstein said those actions were encouraging but had come too late in the game Wednesday to impact her decision."
If you use bing and search "soup man" click news.
You can read the entire article from law360
"She(judge) neither approved nor denied the sale motion, leaving the door open for actions from the debtor to supplement the record and resolve the objections of senior secured creditor Hillair Capital investments LP. During a recess in the proceeding, Soupman's attorneys made attempts to rectify the issues the court highlighted before Judge Silverstein made her ruling."
"Those attempts included convening a telephonic board meeting to adopt a resolution approving the asset purchase agreement with Gallant and filing complete schedules on the assets to be acquired in the deal and the assets that would be left behind in the estate."
"Judge Silverstein said those actions were encouraging but had come too late in the game Wednesday to impact her decision."
(0)
(0)
