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25 Oct 2009, 5:01 am
Trustee to appoint an examiner with authority to:(1) supervise the negotiation of any sale or contract for a "stalking horse" bid and the sale of the Assets;(2) engage independent counsel;(3) be responsible for negotiating the terms of any agreements with potential purchasers of the Assets, including any stalking horse bidder; and(4) have unrestricted access to participate in any negotiations conducted on behalf of the estate with potential purchasers of the companies' assets.The… [read post]