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Changes and Additional Documents to the Yarro Deal Filed

By Pamela Jones et al.

There are more filings in the bankruptcy, related to the proposed Yarro deal, and because that hearing is coming up soon, on Friday, I'm posting them quickly, before even reading them myself. Specifically, there are proposed changes to the deal, so take a look. Exhibit A is the redlined draft. Exhibit F is "proof" that Seung Ni Capital, LLC actually exists, or at least that it has written up Articles of Organization. It's a Utah LLC. Or at least the page we get to see has a stamp "Received - Mar 01 2010 - Utah Tax Commission [address]." However, the Collateral Agent Agreement says it's a Delaware LLC, and it calls it Seung Ni Capital Partners, L.L.C. Is that the sound of wings I hear?

I'm starting to get the impression that they don't want us to have time to actually read and think about this super-fast proposed deal.

Full post as published by Groklaw on March 04, 2010 (boomark / email).