GREY:LSTMF - Post by User
Comment by
BobTheKnob2on Oct 17, 2016 6:23pm
520 Views
Post# 25353304
RE:Anything New?
RE:Anything New?BluSky23 wrote: When do we expect an update on the process? 27th?
Ys there is the 21 page Receiver's First Report filed on the Receiver's website. Couple interessting things are found in there. Here is the link:
https://cfcanada.fticonsulting.com/Lightstream/docs/DOCS%2015982489-v1-First_Report_of_Monitor%20-%20Final.pdf
I draw attention to item 19:
The Monitor understands that the Credit Bid APA is currently being negotiated with a view to being finalized as soon as possible before the Phase I Bid Deadline.
There appears to be a lot of things going on in the background (see items 28-31) that might make this a messy process.
Also note that Appendix A appears to be sealed by the Court.