Re: What happened in court today.. Audio File
posted on
Dec 20, 2014 03:24AM
Very interesting 40 minutes or so.
Mention made that 3rd member of PDS has been selected by the Arbitrator. No announcement by PTSC of course...
Mention also made that Swamy is NOT necessarily going to be CEO of TPl. No alternative name. Effect on PDS?
Lot of mention about the two lists of potential infringers from Alliacense. Charlie Hoge strongly worded his comments. Others agreed. These lists are a "condition precedent" i.e. a necessity for the Plan to be approved. Judge can't understand why this hasn't been done yet but hopes the presence of a third at PDS can resolve the issues.
Judge set some dates:
12/22: minor Plan changes per today to be sent to all parties by Monday night.
12/29: final redline copy of Plan to go to Court For final review by Judge
01/xx: various procedural matters to be managed
02/06: parties to vote on Plan
02/11: Hearing to formally confirm the plan (assuming it is approved, which right now is by no means certain).