Good post.
I don't necessarily agree the judge is shareholder friendly, but do agree the judge is company friendly. Shareholders mix this up all of the time - that because they own a piece of the compeny that they are the company. They, shareholders, are not the company.
Computershare is suspiciously silent. Maybe they are negotiating, maybe not. The silence means something, and it isn't because the company is moving so fast that Computershare lawyers cannot respond. The lack of Responding Motion Record on the E&Y site says plenty. They are likely on the ICSID Award Train, in one way shape or form, at the expense of shareholders.
Insider shenanigans. Company management, DIP'sters, PP'ers, Noteholders, etc., gain at expense of commons. Plan is all coming together to board the ICSID Award Train. First Tranche was getting a DIP'ster on board. Second Tranche puts company management on board, and it appears the Third Tranche will possibly be the PP or Noteholders rolling notes and climbing aboard the ICSID Award Train. Alllll Aboard!
Also, no court orders posted on the monitor site concerning the Tuesday CCAA extension hearing. Commons still in the dark. Maybe the monitor needs a monitor.
