RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:What's next in the PlaybookTMoney007 wrote: What I don't get is the Dec 31st date when they know for sure that the lawsuits won't be settled. I have read about numerous case at the end of January and even some into February 2016. The only thing I could think of is they know the max values of the settlements going into those and they can set aside the money for that and they also know no more claims will be an issue down the road. if that is the case then they can settle this. A few million is not that much for a 200 + million deal.
Nothing makes sense with MBAC - maybe they finally agreed to put it as a condition of the deal being finalized.
What I'm disappointed in is I blieve the senior lenders mis-judged the employees legal rights. They should have up front provided funds to pay severance facilitating a faster deal months ago.