Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : ATPG Shareholders -- Ignore unavailable to you. Want to Upgrade?

To: Billy Bilgewasser who wrote (3239)	5/20/2013 11:30:17 AM
From: Roman Gelsi	1 Recommendation Respond to of 3620

its nice to have someone respond that isn't fighting good luck

To: Billy Bilgewasser who wrote (3239)	5/20/2013 11:33:45 AM
From: Roman Gelsi	4 Recommendations Read Replies (2) \| Respond to of 3620

it wouldn't hurt if we all sent a letter to the judge with this in it voicing our concern! might make a difference Hon. Marvin Isgur United States Bankruptcy Court Southern District of Texas, Houston Division 515 Rusk Avenue Houston, TX 77002 In re ATP Oil & Gas Corporation, Case No. 12-36187 "A strong showing must be made in order to justify the sale of substantially all of the debtor's assets prior to confirmation of a plan of reorganization. Such a sale occurs without the disclosure, solicitation, voting, and confirmation process connected with confirmation of a plan of reorganization. The appeasement of major creditors is not a sufficient justification for the sale of substantially all assets of the estate outside of a plan of reorganization." "Several courts have identified the following four requirements must exist in order to satisfy the "sound business purpose" test: (1) sound business reason; (2) accurate and reasonable notice; (3) adequate price; and (4) good faith."