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I have NO idea, Chuck. That's what's so sinister about it. They simple say "might be penalized". Logically that would seem to infer you would get less than you're supposed to get, but one never knows. If you know you're one of the folks who are getting nothing and you try to get payment, do they send over a couple of large fellows with bad attitudes?

Anyway, Jon's right - the conversation is probably drifting just a tad... :)

Joe
HOW could you be penalized Joe?

-----Original Message-----
From: midrange-l-bounces@xxxxxxxxxxxx
[mailto:midrange-l-bounces@xxxxxxxxxxxx] On Behalf Of Joe Pluta
Sent: Saturday, February 13, 2010 11:01 PM
To: Midrange Systems Technical Discussion
Subject: Re: Sad news

Ah, the lovely world of financial dealings. I don't know what you mean by "well into coming out of it" but as far as I've read they filed last week (Tuesday?) a pre-packaged plan to reorganize about a quarter of their debt and they expect to be done with the process in 45-60 days. It's a prepackaged bankruptcy which means everything is a done deal, and

they already know who is going to get what. In fact, I got a letter saying that if I attempted to collect any debts owed me I might be penalized. Vaguely authoritarian legal stuff, but pre-packs are all the

rage now.

Joe


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