Twin Butte Energy Ltd TBTEF

RE:RE:Executives and severance payments

[cigarbutt1]

Oldfart,
Fair points.

So, you seem to agree that, going forward, the "Arrangement" no longer corresponded to the market value of the assets, as both the secureds and relevant non-secureds (those who could vote) felt they would recover more in a liquidation?

I know that, contemporary to filing, you had doubts about recovery for DHs. But, kudos to you, you eventually recognized that the no vote was the right thing to do for DHs. No?

As a person with relevant experience, don't you find that this liquidation scenario is highly unusual, in the context of potential (albeit difficult) restructuring solutions?

It may be tricky to offer your insight here, but would you have supported the deal as presented? And maintained that support going into August?

Who was in the driver's seat?  Reignwood?

Hypothetically, what would you have done, as a person with responsibility, after the no vote?

Relevant questions?