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Message: Info on CCC security interest

Committee (including Moore) hopes. We'll soon find out if the Creditors can make the argument and pierce that veil.

That said, simply because DL has a history of ownership or control interests in different enterprises that participate in related sources of revenue, and purposely designed his organizations and drafted his contracts to avoid legal jeopardy and creditor attachment of one-another, it does not necessarily give reason for the court to invade organizational independence; nor is such crafty structuring uncommon in the sophisticated business world.

I'm not saying they won't achieve what the CC wants, but to me it's curious that we haven't heard PTSC weigh in on the specific Alliasence issue yet, and I think that would be helpful persuasiveness to the cause since the Alliasence relationship with PDS was the main centerpiece (imo) of the new Com Ag created just months before the BK was filed. *If I've missed it would someone please repost the link ?

I don't have an opinion yet on the odds of success of the Committee, but remember that Brown failed to get the court to accept his DL/TPL Alter Ego argument, so ... ??

*I believe the Trustee issue is a separate discussion.

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