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Posted On: 04/11/2022 6:23:32 PM
Post# of 36541
The point I think that is very wrong is the secrecy of the whole proceedings. The company I previously referred to was Chesapeake Corporation. There were public notifications of what was taking place.
https://www.nbc12.com/story/9594750/chesapeak...rotection/
https://www.reuters.com/article/chesapeake-ba...7320081230
You could follow ALL the court proceedings http://www.kccllc.net/chesapeake http://www.kccllc.net/chesapeake/document/list
For over six months we were kept in the dark. And if the sleuths on this board hadn’t been continually digging for information, we would still be in the dark. There is nothing I could find in the Court Order obligating the “Receiver” to notify the stockholders of what is going on. https://storage.courtlistener.com/recap/gov.u....157.3.pdf
On page 8, it is the Receiver, Ryniker Consultants, who will decide:
"...if appropriate, to file on behalf of Generex and any other eligible affiliate
or subsidiary of Generex to the extent permissible under applicable corporate
organizational documents or applicable law, a voluntary petition for relief under chapter
11 or 7 of title 11, United States Code (the “Bankruptcy Code”)..."
Chapter 11 and 7 are there to balance the rights of the creditors AND THE STAKEHOLDERS (us)!
Where is our link to the court proceedings?
Where is our notification that the company WE OWN is being liquidated?
Where is the lawyer that will protect OUR interest (Chapter 11/7 proceedings), insuring that WE will get the maximum value for OUR assets?
Anyone know of a good lawyer that will take on a Shareholder Class Action lawsuit for a percentage?
This whole mess is making Bernie Madoff’s crap start smelling like a rose.
https://www.nbc12.com/story/9594750/chesapeak...rotection/
https://www.reuters.com/article/chesapeake-ba...7320081230
You could follow ALL the court proceedings http://www.kccllc.net/chesapeake http://www.kccllc.net/chesapeake/document/list
For over six months we were kept in the dark. And if the sleuths on this board hadn’t been continually digging for information, we would still be in the dark. There is nothing I could find in the Court Order obligating the “Receiver” to notify the stockholders of what is going on. https://storage.courtlistener.com/recap/gov.u....157.3.pdf
On page 8, it is the Receiver, Ryniker Consultants, who will decide:
"...if appropriate, to file on behalf of Generex and any other eligible affiliate
or subsidiary of Generex to the extent permissible under applicable corporate
organizational documents or applicable law, a voluntary petition for relief under chapter
11 or 7 of title 11, United States Code (the “Bankruptcy Code”)..."
Chapter 11 and 7 are there to balance the rights of the creditors AND THE STAKEHOLDERS (us)!
Where is our link to the court proceedings?
Where is our notification that the company WE OWN is being liquidated?
Where is the lawyer that will protect OUR interest (Chapter 11/7 proceedings), insuring that WE will get the maximum value for OUR assets?
Anyone know of a good lawyer that will take on a Shareholder Class Action lawsuit for a percentage?
This whole mess is making Bernie Madoff’s crap start smelling like a rose.
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