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Latest Pacer News ! We won the first round ! Tentative ruling by Judge Laura Taylor !
This case will not result in Discharge, as debtor is not entitled to one, and will not result in a distribution to creditor , as there are none.
The court inclined either to grant this motion or to implement procedures to allow the trustee to quickly liquidate the only saleable assets of the estate and to close this case with a minimum of expense, including avoidance of the task of corporate dissolution.
The Directors seek nto protect their own pocketbooks , they pay no heed to the economic burden they place on the Trustee.
