1 00:00:00,000 --> 00:00:13,520 uh... 2 00:00:13,520 --> 00:00:15,720 let it go 3 00:00:15,720 --> 00:00:22,380 see if they get involved 4 00:00:22,380 --> 00:00:24,880 alrighty twelve o'clock right 5 00:00:24,880 --> 00:00:26,100 let's 6 00:00:26,100 --> 00:00:33,100 you ready to go care 7 00:00:33,100 --> 00:00:56,100 let them all in 8 00:00:56,100 --> 00:00:59,320 alright 9 00:00:59,320 --> 00:01:02,120 good afternoon everyone 10 00:01:02,120 --> 00:01:07,600 thank you for joining me remotely 11 00:01:07,600 --> 00:01:08,920 this is the 12 00:01:08,920 --> 00:01:10,300 block five 13 00:01:10,300 --> 00:01:11,780 it matter 14 00:01:11,780 --> 00:01:13,800 and 15 00:01:13,800 --> 00:01:15,520 we're having the call 16 00:01:15,520 --> 00:01:17,560 on the request of 17 00:01:17,560 --> 00:01:21,640 by correspondence behalf of the committee 18 00:01:21,640 --> 00:01:24,560 mister stoltz's correspondence 19 00:01:24,560 --> 00:01:26,380 and 20 00:01:26,380 --> 00:01:29,560 let me 21 00:01:29,560 --> 00:01:33,320 make sure i see who's on 22 00:01:33,320 --> 00:01:35,440 alright 23 00:01:35,440 --> 00:01:39,600 essentially we're having an informal though we are on record 24 00:01:39,600 --> 00:01:40,960 scheduling 25 00:01:40,960 --> 00:01:42,300 discussion 26 00:01:42,300 --> 00:01:44,280 and 27 00:01:44,280 --> 00:01:47,720 let's start with uh... i see 28 00:01:47,720 --> 00:01:50,440 a lot of faces that i've known over the 29 00:01:50,440 --> 00:01:53,320 past decade mister stoltz and mister 30 00:01:53,320 --> 00:01:56,520 use it in this is a road up 31 00:01:56,520 --> 00:01:59,020 i've seen faces of those 32 00:01:59,020 --> 00:02:03,300 who've appeared in front of me recently mister jones and mister stark 33 00:02:03,300 --> 00:02:07,520 and others and of course are u s trustees council 34 00:02:07,520 --> 00:02:09,120 uh... 35 00:02:09,120 --> 00:02:12,440 it's always a pleasure for the court too 36 00:02:12,440 --> 00:02:13,600 work with 37 00:02:13,600 --> 00:02:15,280 the best of the best and 38 00:02:15,280 --> 00:02:18,160 i i see the best of the best in front of me 39 00:02:18,160 --> 00:02:19,600 uh... 40 00:02:19,600 --> 00:02:23,580 as far as expertise in professionalism 41 00:02:23,580 --> 00:02:25,940 the problem with working with the best of the best is that 42 00:02:25,940 --> 00:02:27,880 they're there for a reason 43 00:02:27,880 --> 00:02:29,920 that they are the most frightened 44 00:02:29,920 --> 00:02:31,520 uh... 45 00:02:31,520 --> 00:02:32,600 them 46 00:02:32,600 --> 00:02:35,400 the most ardent in their advocacy 47 00:02:35,400 --> 00:02:40,320 and uh... 48 00:02:40,320 --> 00:02:44,160 they work the hardest to produce for their respective clients 49 00:02:44,160 --> 00:02:47,000 meeting is being recorded 50 00:02:47,000 --> 00:02:51,560 courses 51 00:02:51,560 --> 00:02:53,580 i know as well that 52 00:02:53,580 --> 00:02:56,420 we're talking about two types of hearings 53 00:02:56,420 --> 00:02:58,720 the retention application 54 00:02:58,720 --> 00:03:00,120 for 55 00:03:00,120 --> 00:03:01,520 uh... 56 00:03:01,520 --> 00:03:04,480 malice 57 00:03:04,480 --> 00:03:06,560 we're talking about a curb 58 00:03:06,560 --> 00:03:09,560 and if i gave you all 59 00:03:09,560 --> 00:03:10,640 two hours 60 00:03:10,640 --> 00:03:13,400 to argue those you would do it effectively if they gave you all two 61 00:03:13,400 --> 00:03:16,400 days you would do it effectively 62 00:03:16,400 --> 00:03:19,020 problem is i don't have 63 00:03:19,020 --> 00:03:22,220 and it's difficult to find two days 64 00:03:22,220 --> 00:03:23,640 to allow for that 65 00:03:23,640 --> 00:03:26,560 but i need to give you more than two hours 66 00:03:26,560 --> 00:03:30,560 so it's trying to come to what's a reasonable 67 00:03:30,560 --> 00:03:34,040 midway 68 00:03:34,040 --> 00:03:36,240 i'm going to hear from you all 69 00:03:36,240 --> 00:03:37,180 uh... 70 00:03:37,180 --> 00:03:39,160 i'm going to first lay out 71 00:03:39,160 --> 00:03:42,660 my thinking about how to best go about this 72 00:03:42,660 --> 00:03:44,640 if it and hopefully 73 00:03:44,640 --> 00:03:48,240 it'll comporter will be you'll be viewed as as workable 74 00:03:48,240 --> 00:03:52,760 i actually try to contribute by clearing a two-day mediation that i had this week 75 00:03:52,760 --> 00:03:54,520 off my calendar 76 00:03:54,520 --> 00:03:58,300 uh... 77 00:03:58,300 --> 00:04:00,120 to the chagrin of 78 00:04:00,120 --> 00:04:04,860 several attorneys 79 00:04:04,860 --> 00:04:08,080 that that mediation was scheduled for thursday the twenty-six 80 00:04:08,080 --> 00:04:09,960 and the twenty-seventh 81 00:04:09,960 --> 00:04:13,320 uh... i already knew the twenty-seventh i was gonna have to push them 82 00:04:13,320 --> 00:04:14,420 uh... but 83 00:04:14,420 --> 00:04:17,480 i tried to make time 84 00:04:17,480 --> 00:04:20,480 this is a curb motion and this is 85 00:04:20,480 --> 00:04:24,840 an objection to a retention 86 00:04:24,840 --> 00:04:27,480 as i said the court it finds it hard to 87 00:04:27,480 --> 00:04:28,960 allow for multiple 88 00:04:28,960 --> 00:04:31,020 days of hearings on these 89 00:04:31,020 --> 00:04:34,960 i don't think that works well for the case for the estate as well 90 00:04:34,960 --> 00:04:38,840 for the cost involved 91 00:04:38,840 --> 00:04:41,140 i would envision that this can be done 92 00:04:41,140 --> 00:04:43,000 in a day 93 00:04:43,000 --> 00:04:48,260 here's my outline of how how to go about it and then we could talk about it 94 00:04:48,260 --> 00:04:52,120 we would start with the curb because i know the witness availability is an 95 00:04:52,120 --> 00:04:54,640 issue 96 00:04:54,640 --> 00:04:56,240 we would use 97 00:04:56,240 --> 00:04:57,380 the 98 00:04:57,380 --> 00:04:59,760 declarations 99 00:04:59,760 --> 00:05:02,000 that have been on file 100 00:05:02,000 --> 00:05:02,980 starting i think 101 00:05:02,980 --> 00:05:08,040 the last one i saw was six o'clock this morning 102 00:05:08,040 --> 00:05:10,720 i know of three potential witnesses 103 00:05:10,720 --> 00:05:12,920 uh... just a few car trail 104 00:05:12,920 --> 00:05:14,400 megan crowell 105 00:05:14,400 --> 00:05:17,440 and for the committee possibly matthew manning 106 00:05:17,440 --> 00:05:20,920 but those are the names that i've seen on the declarations i would 107 00:05:20,920 --> 00:05:23,600 use those as direct testimony 108 00:05:23,600 --> 00:05:24,860 we would then 109 00:05:24,860 --> 00:05:27,720 allow for cross-examination 110 00:05:27,720 --> 00:05:31,140 i think four hours of testimony 111 00:05:31,140 --> 00:05:33,820 would suffice leaving an hour and a half 112 00:05:33,820 --> 00:05:35,020 of argument 113 00:05:35,020 --> 00:05:37,080 on the curb 114 00:05:37,080 --> 00:05:39,520 that's a total of five and a half hours 115 00:05:39,520 --> 00:05:43,920 and i would i don't believe we need testimony on the retention application 116 00:05:43,920 --> 00:05:45,900 i have some thoughts on that as well 117 00:05:45,900 --> 00:05:48,640 i'll talk about later 118 00:05:48,640 --> 00:05:51,320 i would leave an hour and a half for argument 119 00:05:51,320 --> 00:05:53,440 that's seven hours 120 00:05:53,440 --> 00:05:55,420 that would be starting at nine 121 00:05:55,420 --> 00:05:56,600 taking a half hour 122 00:05:56,600 --> 00:05:58,520 lunch break because there's nowhere 123 00:05:58,520 --> 00:05:59,920 in trenton that 124 00:05:59,920 --> 00:06:01,680 you can go anyway 125 00:06:01,680 --> 00:06:02,640 and 126 00:06:02,640 --> 00:06:03,900 that would leave 127 00:06:03,900 --> 00:06:06,040 and you've all experienced that 128 00:06:06,040 --> 00:06:08,440 uh... and that would leave 129 00:06:08,440 --> 00:06:09,960 uh... 130 00:06:09,960 --> 00:06:12,640 going to four thirty 131 00:06:12,640 --> 00:06:16,160 if we did that on january twenty six that would leave the friday the twenty 132 00:06:16,160 --> 00:06:17,080 seventh 133 00:06:17,080 --> 00:06:20,760 for a limited matter of spillover if we needed 134 00:06:20,760 --> 00:06:25,360 understand calendar is tough if we do it on the on the twenty seventh 135 00:06:25,360 --> 00:06:27,920 we would get it done on the twenty seventh 136 00:06:27,920 --> 00:06:30,020 a mac glued to 137 00:06:30,020 --> 00:06:34,400 staff here is workable we could stay longer 138 00:06:34,400 --> 00:06:36,520 that's my time frame that's what i think 139 00:06:36,520 --> 00:06:40,000 it could be done 140 00:06:40,000 --> 00:06:44,080 i know you all have been at it longer than i have on these issues 141 00:06:44,080 --> 00:06:45,120 uh... and have 142 00:06:45,120 --> 00:06:48,560 possibly different ideas 143 00:06:48,560 --> 00:06:50,760 by the respect to the 144 00:06:50,760 --> 00:06:53,080 i don't know if i'm pronouncing for a malice 145 00:06:53,080 --> 00:06:54,680 uh... 146 00:06:54,680 --> 00:06:56,760 retention application 147 00:06:56,760 --> 00:07:01,720 i've reviewed the proposal i reviewed the counter proposal 148 00:07:01,720 --> 00:07:03,520 a huge gap 149 00:07:03,520 --> 00:07:07,640 well it's significant 150 00:07:07,640 --> 00:07:10,800 think the parties may want to consider 151 00:07:10,800 --> 00:07:14,880 with respect to three types of fees the restructuring 152 00:07:14,880 --> 00:07:16,000 the sale fee 153 00:07:16,000 --> 00:07:18,440 transaction fee in the mining asset 154 00:07:18,440 --> 00:07:21,200 sale fee 155 00:07:21,200 --> 00:07:25,480 problem maybe employing a sliding scale that takes into account the numbers 156 00:07:25,480 --> 00:07:27,520 you have in your proposal 157 00:07:27,520 --> 00:07:30,660 uh... and the counter proposal as a minimum and maximum 158 00:07:30,660 --> 00:07:33,640 and just tie it to 159 00:07:33,640 --> 00:07:35,000 a performance 160 00:07:35,000 --> 00:07:37,580 gave you know dollars or potential 161 00:07:37,580 --> 00:07:40,960 recovery or transaction 162 00:07:40,960 --> 00:07:43,000 something along those lines 163 00:07:43,000 --> 00:07:47,160 uh... i don't want to take a few again you all have more expertise 164 00:07:47,160 --> 00:07:48,960 in these areas 165 00:07:48,960 --> 00:07:50,440 that's something that i think 166 00:07:50,440 --> 00:07:52,920 we should 167 00:07:52,920 --> 00:07:55,480 uh... countless our expensive our 168 00:07:55,480 --> 00:07:57,960 attorney time on trying to 169 00:07:57,960 --> 00:07:59,720 uh... 170 00:07:59,720 --> 00:08:02,120 litigate 171 00:08:02,120 --> 00:08:03,800 with those thoughts 172 00:08:03,800 --> 00:08:08,200 since it was the committee's initial request 173 00:08:08,200 --> 00:08:09,440 for 174 00:08:09,440 --> 00:08:12,560 by letter let me first turn to the committee and i'll turn to debtors 175 00:08:12,560 --> 00:08:13,840 council 176 00:08:13,840 --> 00:08:17,080 i don't know who wants to time and for the committee 177 00:08:17,080 --> 00:08:20,080 this is a bit of a particular character 178 00:08:20,080 --> 00:08:24,680 uh... and thank you for accommodating that's what i think that i asked for 179 00:08:24,680 --> 00:08:29,000 that for the call because my experience in the people who are always productive 180 00:08:29,000 --> 00:08:31,400 and i know you're on all doctors 181 00:08:31,400 --> 00:08:35,280 uh... maybe will offer less the more we accept 182 00:08:35,280 --> 00:08:38,600 uh... but that we appreciate your honor the availability and uh... 183 00:08:38,600 --> 00:08:40,720 improvement to come 184 00:08:40,720 --> 00:08:42,560 this is a great 185 00:08:42,560 --> 00:08:45,320 thank you honor jack john it's uh... 186 00:08:45,320 --> 00:08:49,760 for our public for the committee and we do appreciate you taking the time your 187 00:08:49,760 --> 00:08:51,140 honor let me say 188 00:08:51,140 --> 00:08:54,040 at the outset night i think uh... 189 00:08:54,040 --> 00:08:58,040 i think i think that there is uh... at all terms of split agree with me we we 190 00:08:58,040 --> 00:09:01,720 don't like to have to take up the court's time with procedural matters we work hard 191 00:09:01,720 --> 00:09:02,520 to it 192 00:09:02,520 --> 00:09:06,520 resolved the actually sometimes most of the time we do 193 00:09:06,520 --> 00:09:09,940 uh... but sometimes we can't and and that's why we here 194 00:09:09,940 --> 00:09:13,220 and i also want to be responsive bomb 195 00:09:13,220 --> 00:09:15,800 to some of the things you said let me just start with those because i think 196 00:09:15,800 --> 00:09:18,120 they are helpful and instructive 197 00:09:18,120 --> 00:09:20,720 uh... your car comments on 198 00:09:20,720 --> 00:09:23,320 i think all of you say morelis 199 00:09:23,320 --> 00:09:26,240 somewhere between you'll get it right uh... 200 00:09:26,240 --> 00:09:29,240 with respect to morelis your honor i i hope 201 00:09:29,240 --> 00:09:31,880 your comments can actually help respect to 202 00:09:31,880 --> 00:09:33,560 a conceptual resolutions 203 00:09:33,560 --> 00:09:35,880 i think they were instructive uh... 204 00:09:35,880 --> 00:09:36,840 frankly 205 00:09:36,840 --> 00:09:41,280 we've found you know we wanted to come out on that is is somewhat akin to what 206 00:09:41,280 --> 00:09:43,320 you said which is a result based 207 00:09:43,320 --> 00:09:45,120 or performance based 208 00:09:45,120 --> 00:09:49,840 uh... metric in terms of compensation so i won't say anything more about that 209 00:09:49,840 --> 00:09:52,080 but i'm hopeful that your comments 210 00:09:52,080 --> 00:09:53,240 might help us 211 00:09:53,240 --> 00:09:56,080 uh... get to a conceptual resolution 212 00:09:56,080 --> 00:09:57,160 i will be 213 00:09:57,160 --> 00:10:02,160 uh... i also agree on what you said about it one day trial on both of these 214 00:10:02,160 --> 00:10:05,340 motions i i i agree wholeheartedly with that 215 00:10:05,340 --> 00:10:10,160 and although it i i think it's quite difficult we we think we can do that 216 00:10:10,160 --> 00:10:12,200 the problem 217 00:10:12,200 --> 00:10:17,920 is i'll call the problem this week is the problem and let me tell you why 218 00:10:17,920 --> 00:10:19,700 uh... 219 00:10:19,700 --> 00:10:24,000 and again all we really want is to have a level playing field that's all we ever 220 00:10:24,000 --> 00:10:25,800 want you as you know 221 00:10:25,800 --> 00:10:29,520 sometimes we take on very much uphill battle for cases and 222 00:10:29,520 --> 00:10:30,440 and uh... 223 00:10:30,440 --> 00:10:34,520 something i'd love to do and and that may be the case here uh... 224 00:10:34,520 --> 00:10:38,560 but we will take it on but we just want to have a level playing field and and a 225 00:10:38,560 --> 00:10:40,220 fair opportunity 226 00:10:40,220 --> 00:10:44,120 to present a case both argument and and the evidentiary records so let me just 227 00:10:44,120 --> 00:10:45,780 tell you why 228 00:10:45,780 --> 00:10:51,260 trying to do that this week is virtually impossible i think impossible 229 00:10:51,260 --> 00:10:52,740 uh... 230 00:10:52,740 --> 00:10:56,880 we we received last night as you know this morning uh... 231 00:10:56,880 --> 00:11:01,640 uh... the debtors filed a fourteen page expert declaration 232 00:11:01,640 --> 00:11:05,480 and a twenty three page witness declaration of about two o'clock this 233 00:11:05,480 --> 00:11:06,560 morning 234 00:11:06,560 --> 00:11:09,240 uh... those related to the car 235 00:11:09,240 --> 00:11:11,180 we're told that they will 236 00:11:11,180 --> 00:11:14,480 i don't know if they'll be similar in length or what but there will be 237 00:11:14,480 --> 00:11:17,840 other declaration filed by tomorrow 238 00:11:17,840 --> 00:11:20,920 on molus on the molus retention 239 00:11:20,920 --> 00:11:25,800 uh... and you're on a really expect we did file mister manning's uh... 240 00:11:25,800 --> 00:11:27,200 declaration 241 00:11:27,200 --> 00:11:29,880 uh... we do expect to have what i call a more 242 00:11:29,880 --> 00:11:32,400 both of that relation 243 00:11:32,400 --> 00:11:33,840 uh... probably from somebody 244 00:11:33,840 --> 00:11:35,480 uh... more senior 245 00:11:35,480 --> 00:11:40,600 uh... at m three which we expect to be in the pile today at some point of the 246 00:11:40,600 --> 00:11:41,880 evening 247 00:11:41,880 --> 00:11:47,440 uh... those those would be the uh... the declarations that you had before you 248 00:11:47,440 --> 00:11:52,920 uh... but we would also expect to father uh... we we have we have no documents 249 00:11:52,920 --> 00:11:58,420 uh... we try to do this informally and just ask for any documents 250 00:11:58,420 --> 00:12:01,240 that would either supportive of the motions 251 00:12:01,240 --> 00:12:04,580 where that would be used at trial in support of the motions 252 00:12:04,580 --> 00:12:08,480 uh... we don't have those i'm not complaining about it but we need to get 253 00:12:08,480 --> 00:12:11,120 those in fairly short order 254 00:12:11,120 --> 00:12:13,220 so that we can properly prepare 255 00:12:13,220 --> 00:12:14,440 uh... 256 00:12:14,440 --> 00:12:19,000 we have not been able to do any deposition as you i think you're on 257 00:12:19,000 --> 00:12:20,680 the post-correct 258 00:12:20,680 --> 00:12:23,040 but just with you we will witness it 259 00:12:23,040 --> 00:12:26,880 uh... even except in the debt the death that had been filed 260 00:12:26,880 --> 00:12:30,460 there would be being uh... it would be missed out trial 261 00:12:30,460 --> 00:12:31,360 it would be 262 00:12:31,360 --> 00:12:32,780 this call 263 00:12:32,780 --> 00:12:38,780 uh... there would be on our side it would be m three our expert deposition 264 00:12:38,780 --> 00:12:42,360 uh... we also were considering your honor having a committee member 265 00:12:42,360 --> 00:12:43,540 testify 266 00:12:43,540 --> 00:12:46,080 obviously uh... somebody who's 267 00:12:46,080 --> 00:12:51,080 interests are directly affected in both cases because then and all of us 268 00:12:51,080 --> 00:12:54,340 on the best in front of the consideration your honor so 269 00:12:54,340 --> 00:12:58,160 that would be uh... it and if we do have that person 270 00:12:58,160 --> 00:12:59,840 that would be at least 271 00:12:59,840 --> 00:13:02,520 or deposition that have to take place 272 00:13:02,520 --> 00:13:06,140 and we would need to get the other day the documents 273 00:13:06,140 --> 00:13:09,440 uh... even if that would happen today or tomorrow 274 00:13:09,440 --> 00:13:12,620 uh... we would then need to conduct for deposition 275 00:13:12,620 --> 00:13:15,060 and get ready for trial 276 00:13:15,060 --> 00:13:16,020 i 277 00:13:16,020 --> 00:13:18,380 i've got a lot of crazy stuff under time 278 00:13:18,380 --> 00:13:20,500 a compressed time your honor 279 00:13:20,500 --> 00:13:24,600 i don't think we can do that by by Thursday certainly not 280 00:13:24,600 --> 00:13:29,800 uh... i really don't think we can do it by Friday and i'll be honest your honor 281 00:13:29,800 --> 00:13:31,000 uh... 282 00:13:31,000 --> 00:13:35,320 having a weekend to properly get ready for trial often is critical 283 00:13:35,320 --> 00:13:38,440 because even if we finish the last deposition 284 00:13:38,440 --> 00:13:39,480 thursday 285 00:13:39,480 --> 00:13:41,240 we wouldn't have a transcript 286 00:13:41,240 --> 00:13:42,720 so Thursday night 287 00:13:42,720 --> 00:13:45,760 and then we need time obviously to review the transcript 288 00:13:45,760 --> 00:13:48,800 prepare our examination to cross examinations 289 00:13:48,800 --> 00:13:49,880 and get ready 290 00:13:49,880 --> 00:13:53,120 so long story short your honor 291 00:13:53,120 --> 00:13:57,440 uh... what i'm not complaining about the time compression here 292 00:13:57,440 --> 00:13:58,400 uh... 293 00:13:58,400 --> 00:14:01,100 i thought we were going to go 294 00:14:01,100 --> 00:14:02,160 uh... was 295 00:14:02,160 --> 00:14:07,220 there there's a hearing scheduled on the thirtieth on monday 296 00:14:07,220 --> 00:14:13,200 uh... and my my my realistic hope out of today while i would have hoped for even 297 00:14:13,200 --> 00:14:16,080 a better result what i thought was going to happen 298 00:14:16,080 --> 00:14:19,880 was you would tell us will move everything will hear everything 299 00:14:19,880 --> 00:14:25,240 on monday that would give us a reasonable period of time to do what we need to do 300 00:14:25,240 --> 00:14:27,160 and get ready for uh... 301 00:14:27,160 --> 00:14:28,720 you know for everything 302 00:14:28,720 --> 00:14:32,200 uh... on trial on monday 303 00:14:32,200 --> 00:14:35,640 i'll just stop there and take a breath your honor and see if you have questions 304 00:14:35,640 --> 00:14:38,400 or want to hear from others and i'm happy to 305 00:14:38,400 --> 00:14:40,560 you know i i didn't want to address any of this 306 00:14:40,560 --> 00:14:42,000 the substance that it 307 00:14:42,000 --> 00:14:44,520 i think that's what we would hear for appropriate 308 00:14:44,520 --> 00:14:45,440 uh... 309 00:14:45,440 --> 00:14:48,520 if there's anything if you have questions are i'm happy to address 310 00:14:48,520 --> 00:14:51,000 your honor it's robert stockard 311 00:14:51,000 --> 00:14:52,120 i i have 312 00:14:52,120 --> 00:14:55,240 i didn't want to say anything i think i could offer something that might be 313 00:14:55,240 --> 00:14:57,500 helpful in some context 314 00:14:57,500 --> 00:15:00,200 if you're not going to allow me i know that's not normal for having you 315 00:15:00,200 --> 00:15:02,880 no go ahead 316 00:15:02,880 --> 00:15:07,820 thank you all i want to say that the i'd be very very confident 317 00:15:07,820 --> 00:15:08,920 when you are 318 00:15:08,920 --> 00:15:10,480 with saying look 319 00:15:10,480 --> 00:15:12,340 it's a car 320 00:15:12,340 --> 00:15:15,020 and it's a retention application 321 00:15:15,020 --> 00:15:18,240 we should be able to work these things out 322 00:15:18,240 --> 00:15:19,360 and i 323 00:15:19,360 --> 00:15:23,280 only embrace the tonality of that we haven't been able to work it out 324 00:15:23,280 --> 00:15:25,780 and i think it's important that your honor 325 00:15:25,780 --> 00:15:29,840 appreciate that i think it's in the text of the documents but it's more in the 326 00:15:29,840 --> 00:15:32,240 subtext of the document 327 00:15:32,240 --> 00:15:35,560 and uh... i think this is really what i'm 328 00:15:35,560 --> 00:15:39,140 about evidentiary presentation 329 00:15:39,140 --> 00:15:43,520 what we have here your honor not an operational company 330 00:15:43,520 --> 00:15:49,000 today doesn't make anything about the time you can't really provide services 331 00:15:49,000 --> 00:15:52,280 there are a hundred employees that are getting paid 332 00:15:52,280 --> 00:15:53,300 it sort of 333 00:15:53,300 --> 00:15:56,000 maintain idle 334 00:15:56,000 --> 00:16:00,220 and then the retention is to convert idle into something that 335 00:16:00,220 --> 00:16:02,400 open headquarters believe 336 00:16:02,400 --> 00:16:04,320 could be more valuable 337 00:16:04,320 --> 00:16:08,660 in terms of a creating this the estate 338 00:16:08,660 --> 00:16:09,940 turn it off 339 00:16:09,940 --> 00:16:12,300 they may be right they may not be right 340 00:16:12,300 --> 00:16:15,600 our position is that we just don't understand it 341 00:16:15,600 --> 00:16:18,240 before the decision has been made 342 00:16:18,240 --> 00:16:21,920 but this is not the normal better and make spent about what happens when our 343 00:16:21,920 --> 00:16:23,720 credo 344 00:16:23,720 --> 00:16:25,360 you double-digit 345 00:16:25,360 --> 00:16:28,880 double tens of millions of dollars as we're trying to figure that out and 346 00:16:28,880 --> 00:16:30,840 maybe that contested matter 347 00:16:30,840 --> 00:16:34,360 will help elucidated discovery is produced when we learn to discover in 348 00:16:34,360 --> 00:16:36,400 the trial what ultimately 349 00:16:36,400 --> 00:16:40,760 is the risk or profile of expanding fifteen twenty twenty five million more 350 00:16:40,760 --> 00:16:42,520 because more expensive 351 00:16:42,520 --> 00:16:45,980 about an idle company in this industry environment 352 00:16:45,980 --> 00:16:49,520 is it's terrible to reorganize or because i have the question 353 00:16:49,520 --> 00:16:51,880 it's not just these expenses 354 00:16:51,880 --> 00:16:55,000 it's the whole that you have to fill on top of that 355 00:16:55,000 --> 00:16:59,080 in terms of money that's there to kind of move the company forward 356 00:16:59,080 --> 00:17:02,420 between twenty million of the fifty million on top of the twenty twenty 357 00:17:02,420 --> 00:17:05,120 five million thirty million of the expense 358 00:17:05,120 --> 00:17:08,240 and we have to start in the two hundred and sixty million 359 00:17:08,240 --> 00:17:09,880 our customer deposits 360 00:17:09,880 --> 00:17:12,040 and i want to ask them 361 00:17:12,040 --> 00:17:14,200 what they think about it 362 00:17:14,200 --> 00:17:16,400 that's the front text of the ball 363 00:17:16,400 --> 00:17:21,260 so you are the other nation presentation of not just a corrupt in the normal way 364 00:17:21,260 --> 00:17:25,400 is this possible we need a person and you know that's necessary it's really 365 00:17:25,400 --> 00:17:26,720 maintaining 366 00:17:26,720 --> 00:17:28,180 idle 367 00:17:28,180 --> 00:17:32,580 so that if the strategy that the better want to have 368 00:17:32,580 --> 00:17:36,860 is even forward to that you know more value and the people who 369 00:17:36,860 --> 00:17:41,480 is my mistake or not really been able to understand the answer the question 370 00:17:41,480 --> 00:17:43,400 that the issue that 371 00:17:43,400 --> 00:17:47,720 undergird the evidentiary presentation that the the the dispute that undergird 372 00:17:47,720 --> 00:17:49,840 this whole contested matter 373 00:17:49,840 --> 00:17:53,520 we can't we don't understand where you're going to take a kind of understand 374 00:17:53,520 --> 00:17:54,820 before you spend all the money 375 00:17:54,820 --> 00:17:57,280 at the beginning of our 376 00:17:57,280 --> 00:17:58,600 there are no help for you 377 00:17:58,600 --> 00:18:01,320 not fair enough thank you 378 00:18:01,320 --> 00:18:06,420 anyone else on the committee side 379 00:18:06,420 --> 00:18:08,640 miss bill ski for u s trustee 380 00:18:08,640 --> 00:18:10,180 do you want to weigh in before i go 381 00:18:10,180 --> 00:18:12,360 turn to the better 382 00:18:12,360 --> 00:18:14,960 thank you and and uh... 383 00:18:14,960 --> 00:18:18,760 he's been a part of it 384 00:18:18,760 --> 00:18:21,400 part of the reason i think we're here because of the conflict that just 385 00:18:21,400 --> 00:18:23,000 responded by all the time 386 00:18:23,000 --> 00:18:24,760 regardless of my hearing 387 00:18:24,760 --> 00:18:27,280 and that he can be traveling for something work related 388 00:18:27,280 --> 00:18:31,320 and you will not be available until friday the twenty seven 389 00:18:31,320 --> 00:18:32,640 and to play 390 00:18:32,640 --> 00:18:34,640 that the court and and 391 00:18:34,640 --> 00:18:37,080 not the only one that i needed to be happy 392 00:18:37,080 --> 00:18:39,580 the primary at any other issues 393 00:18:39,580 --> 00:18:42,960 and uh... the possible that i have to be present here that 394 00:18:42,960 --> 00:18:45,980 and i think that it's a no other conflict 395 00:18:45,980 --> 00:18:47,100 on the end 396 00:18:47,100 --> 00:18:52,260 near a few of them 397 00:18:52,260 --> 00:18:54,280 uh... let me turn to the debtor 398 00:18:54,280 --> 00:18:55,200 uh... 399 00:18:55,200 --> 00:18:56,800 this is rather 400 00:18:56,800 --> 00:19:01,140 this is a hard to thank you honor you you start off today sharing by 401 00:19:01,140 --> 00:19:03,600 referencing appropriately so 402 00:19:03,600 --> 00:19:05,540 that's been class professionals 403 00:19:05,540 --> 00:19:07,300 and before i introduce 404 00:19:07,300 --> 00:19:09,960 uh... mister stuff bar to address the court 405 00:19:09,960 --> 00:19:12,320 really fall into that category 406 00:19:12,320 --> 00:19:14,700 if you are to be sure that the 407 00:19:14,700 --> 00:19:17,000 uh... but my friend mister star 408 00:19:17,000 --> 00:19:18,920 references and mister donors 409 00:19:18,920 --> 00:19:20,760 the need for additional time 410 00:19:20,760 --> 00:19:24,000 uh... you know we were involved in this year's case and 411 00:19:24,000 --> 00:19:25,160 there were you know 412 00:19:25,160 --> 00:19:27,720 dot knows how many deposition conducted 413 00:19:27,720 --> 00:19:29,820 within a very short period of time 414 00:19:29,820 --> 00:19:32,320 and just reading was quick to 415 00:19:32,320 --> 00:19:35,240 understand that declarations as 416 00:19:35,240 --> 00:19:36,560 direct evidence 417 00:19:36,560 --> 00:19:38,000 uh... 418 00:19:38,000 --> 00:19:40,480 clearly make the process go 419 00:19:40,480 --> 00:19:41,340 esther 420 00:19:41,340 --> 00:19:43,680 and we have it here so 421 00:19:43,680 --> 00:19:47,400 i would just before mister stuff barbett that's the court 422 00:19:47,400 --> 00:19:50,640 i i i would respectfully suggest your honor 423 00:19:50,640 --> 00:19:52,840 that let's get the show on the road 424 00:19:52,840 --> 00:19:56,020 these are big farms with a lot of talent 425 00:19:56,020 --> 00:19:59,180 and they can put the resources that are necessary 426 00:19:59,180 --> 00:20:00,920 to present to your honor 427 00:20:00,920 --> 00:20:03,780 in exactly the day that you described 428 00:20:03,780 --> 00:20:07,200 there's nothing unique about the retention of investment banker 429 00:20:07,200 --> 00:20:08,960 there's nothing unique about 430 00:20:08,960 --> 00:20:12,520 uh... the car key we have the pleasure of doing it for your honor 431 00:20:12,520 --> 00:20:14,440 i think in two or three hours 432 00:20:14,440 --> 00:20:16,320 in the service of case 433 00:20:16,320 --> 00:20:17,760 so uh... 434 00:20:17,760 --> 00:20:19,760 the lady doesn't help anybody 435 00:20:19,760 --> 00:20:22,240 and uh... i'll now turn it over to 436 00:20:22,240 --> 00:20:24,200 uh... my friend mister stuff barb 437 00:20:24,200 --> 00:20:29,060 thank you missus robertson suspect 438 00:20:29,060 --> 00:20:32,480 and thank you honor and uh... very much appreciate time 439 00:20:32,480 --> 00:20:34,760 uh... i think originally 440 00:20:34,760 --> 00:20:37,640 we had scheduled the court for friday 441 00:20:37,640 --> 00:20:39,240 uh... and most retention 442 00:20:39,240 --> 00:20:40,860 for monday 443 00:20:40,860 --> 00:20:43,840 uh... light of the comments from the u.s. trustee 444 00:20:43,840 --> 00:20:47,220 i think from our perspective is critically important echo mister 445 00:20:47,220 --> 00:20:49,820 charlotte's comments that we get these calendars 446 00:20:49,820 --> 00:20:51,800 and we've been prepared to go forward 447 00:20:51,800 --> 00:20:54,260 with the curb on friday and if necessary 448 00:20:54,260 --> 00:20:57,700 uh... more on monday or if we could do more on friday 449 00:20:57,700 --> 00:21:01,760 we're happy to do that too i think you know from the substantive perspective 450 00:21:01,760 --> 00:21:03,880 mister stark walked into it a bit 451 00:21:03,880 --> 00:21:06,000 uh... there's a fundamental disconnect 452 00:21:06,000 --> 00:21:07,480 between the company 453 00:21:07,480 --> 00:21:10,580 and the committee at this point and it's incumbent upon 454 00:21:10,580 --> 00:21:11,560 our team 455 00:21:11,560 --> 00:21:14,960 to try to correct that over the course of this week which will be and we can do 456 00:21:14,960 --> 00:21:15,840 that 457 00:21:15,840 --> 00:21:19,080 at the same time that the discovery is ongoing 458 00:21:19,080 --> 00:21:22,460 missus don't expect correct documents have been produced and 459 00:21:22,460 --> 00:21:26,020 mister slayton address all that necessary but i don't think it is 460 00:21:26,020 --> 00:21:27,140 at core 461 00:21:27,140 --> 00:21:28,480 and at the bottom 462 00:21:28,480 --> 00:21:33,000 i think the committee believes that we will ultimately end up in a liquidation 463 00:21:33,000 --> 00:21:34,700 and we have the debtors 464 00:21:34,700 --> 00:21:36,580 have a fiduciary obligation 465 00:21:36,580 --> 00:21:38,880 to run out everything in a ground ball 466 00:21:38,880 --> 00:21:40,300 as i like to say 467 00:21:40,300 --> 00:21:43,480 and that's exactly what we're doing and that's what we've done in other similar 468 00:21:43,480 --> 00:21:44,480 cases 469 00:21:44,480 --> 00:21:46,640 and everybody needs to understand 470 00:21:46,640 --> 00:21:48,880 but even if ultimately the result 471 00:21:48,880 --> 00:21:51,040 with a return of customer money 472 00:21:51,040 --> 00:21:52,380 the amount of time 473 00:21:52,380 --> 00:21:54,340 the cost and energy 474 00:21:54,340 --> 00:21:56,480 including at the investment banker level 475 00:21:56,480 --> 00:21:58,360 it's so substantial 476 00:21:58,360 --> 00:21:59,920 that it's not as simple 477 00:21:59,920 --> 00:22:04,880 as simply giving people their money back and i live this through Voyager and everyone 478 00:22:04,880 --> 00:22:06,040 is going to hear 479 00:22:06,040 --> 00:22:08,280 through the direct testimony and argument 480 00:22:08,280 --> 00:22:09,880 exactly that concept 481 00:22:09,880 --> 00:22:11,800 and from the company's perspective 482 00:22:11,800 --> 00:22:15,500 we've severed most all of our workforce as mister starkin said 483 00:22:15,500 --> 00:22:16,960 we need these people 484 00:22:16,960 --> 00:22:18,060 to be employed 485 00:22:18,060 --> 00:22:19,440 this is a curb 486 00:22:19,440 --> 00:22:20,480 not a key 487 00:22:20,480 --> 00:22:23,440 all the executives are taking themselves out of the rain 488 00:22:23,440 --> 00:22:24,640 and in order for us 489 00:22:24,640 --> 00:22:27,200 to either pursue a value maximizing 490 00:22:27,200 --> 00:22:29,280 or concern a third party sale 491 00:22:29,280 --> 00:22:31,540 or even a self liquidation 492 00:22:31,540 --> 00:22:33,160 these employees are critical 493 00:22:33,160 --> 00:22:35,660 and delay in having this approved 494 00:22:35,660 --> 00:22:37,160 and more so with molus 495 00:22:37,160 --> 00:22:38,880 who's out in the marketplace 496 00:22:38,880 --> 00:22:40,560 but no one any benefit 497 00:22:40,560 --> 00:22:42,000 so you are we will 498 00:22:42,000 --> 00:22:43,100 spent time 499 00:22:43,100 --> 00:22:46,680 with the fighters that we always do a bit of a working relationship 500 00:22:46,680 --> 00:22:49,080 but that's the fairly we always agree 501 00:22:49,080 --> 00:22:50,560 and that's part of the process 502 00:22:50,560 --> 00:22:51,720 but we will work 503 00:22:51,720 --> 00:22:53,560 if you can get to a result 504 00:22:53,560 --> 00:22:55,440 but i have a career on friday 505 00:22:55,440 --> 00:22:58,040 animal protection or later than monday 506 00:22:58,040 --> 00:23:01,560 very very important in these cases and we have to hire 507 00:23:01,560 --> 00:23:04,940 if that those hearings today 508 00:23:04,940 --> 00:23:07,300 all right thank you mister suspect 509 00:23:07,300 --> 00:23:11,620 any response or anything else anyone wishes that 510 00:23:11,620 --> 00:23:16,000 if you are just real quick this is my credit for the debtors also i'd 511 00:23:16,000 --> 00:23:19,920 out of the one hand like other discovery and i've worked with the church out of 512 00:23:19,920 --> 00:23:20,760 dot 513 00:23:20,760 --> 00:23:22,660 many many cases before 514 00:23:22,660 --> 00:23:25,920 i've we've gone through this uh... number of times i just want to confirm 515 00:23:25,920 --> 00:23:27,360 for the court that we have 516 00:23:27,360 --> 00:23:30,600 you know they are witnesses available for deposition on wednesday with respect 517 00:23:30,600 --> 00:23:31,640 to court 518 00:23:31,640 --> 00:23:33,560 we've identified who they are 519 00:23:33,560 --> 00:23:36,320 and there's no reason that can't go forward 520 00:23:36,320 --> 00:23:40,100 uh... with respect to documents i did what he said he wanted is 521 00:23:40,100 --> 00:23:42,420 all documents that support the park 522 00:23:42,420 --> 00:23:44,480 that's not a particularly uh... 523 00:23:44,480 --> 00:23:48,160 you know i direct uh... request for information but 524 00:23:48,160 --> 00:23:51,580 if there's any information he walked i'd have to have a conversation 525 00:23:51,580 --> 00:23:55,080 i get a better thing out he was there's no reason for both deposition can't go 526 00:23:55,080 --> 00:23:56,560 forward on one thing 527 00:23:56,560 --> 00:23:58,960 were prepared to the post mister manning 528 00:23:58,960 --> 00:24:02,080 and uh... i think there's no reason that that this can't go forward to get 529 00:24:02,080 --> 00:24:03,880 done before the hearing on friday 530 00:24:03,880 --> 00:24:05,820 we've done it many times before 531 00:24:05,820 --> 00:24:09,560 this is not dot bread surgery 532 00:24:09,560 --> 00:24:14,020 you're not a permanent 533 00:24:14,020 --> 00:24:15,600 we're not talking about 534 00:24:15,600 --> 00:24:20,220 whichever better that mister store that mentioned to you or it's not going to 535 00:24:20,220 --> 00:24:22,340 re-enter the usual case 536 00:24:22,340 --> 00:24:25,760 and now the committee is not dr conclusion 537 00:24:25,760 --> 00:24:29,120 about whether or not this company's reorganize the power 538 00:24:29,120 --> 00:24:30,060 well 539 00:24:30,060 --> 00:24:31,680 or liquidate 540 00:24:31,680 --> 00:24:36,800 we've been very clear that work you want to study the issues because 541 00:24:36,800 --> 00:24:40,400 they took all of the crypto converted into cash 542 00:24:40,400 --> 00:24:42,160 put it in the bank account 543 00:24:42,160 --> 00:24:45,140 and one of you about ten percent of it 544 00:24:45,140 --> 00:24:48,020 you're on that mister sasberg said 545 00:24:48,020 --> 00:24:50,440 all of the ground ball 546 00:24:50,440 --> 00:24:51,720 i think it's 547 00:24:51,720 --> 00:24:55,200 and my community is pretty clear in their view 548 00:24:55,200 --> 00:24:59,520 but that's a lot of money relative to the entirety of the estate 549 00:24:59,520 --> 00:25:02,040 and we kind of want to understand 550 00:25:02,040 --> 00:25:06,000 if we're reorganizing if this is asked number one what does that number two 551 00:25:06,000 --> 00:25:08,920 look like we are a couple weeks ago 552 00:25:08,920 --> 00:25:12,700 and yet to see a business plan yet to find out what the whole is 553 00:25:12,700 --> 00:25:14,300 but now the 554 00:25:14,300 --> 00:25:17,960 but being proposed from all this is to compensate them 555 00:25:17,960 --> 00:25:20,160 if that were to happen 556 00:25:20,160 --> 00:25:24,440 and the fair i think we all can read the newspaper and look outside and sort of 557 00:25:24,440 --> 00:25:27,800 even through the windows blowing out there 558 00:25:27,800 --> 00:25:32,480 paying people to stay in that possibility 559 00:25:32,480 --> 00:25:36,920 it doesn't look very likely looking at the press and transactions out there 560 00:25:36,920 --> 00:25:41,220 that we will get any money for but we have to sign up to a very large free 561 00:25:41,220 --> 00:25:43,480 uh... we totally want to work this out 562 00:25:43,480 --> 00:25:47,540 we've never wanted to have a contested matter of the first time i was out 563 00:25:47,540 --> 00:25:49,260 will present all issues 564 00:25:49,260 --> 00:25:50,420 orderly 565 00:25:50,420 --> 00:25:55,180 and have a fair hearing on everything and we want to minimize it 566 00:25:55,180 --> 00:25:59,880 you know that's not about both ways to if you can actually issue that sort of 567 00:25:59,880 --> 00:26:01,300 internal way 568 00:26:01,300 --> 00:26:03,600 but the tonality of what we're doing 569 00:26:03,600 --> 00:26:07,840 in the family we ask the questions because not only be able to understand 570 00:26:07,840 --> 00:26:09,480 that after asking 571 00:26:09,480 --> 00:26:12,660 we have to do it in that position to do it back for the coming 572 00:26:12,660 --> 00:26:15,460 okay i guess that's how we're going to do it 573 00:26:15,460 --> 00:26:19,520 this is not a small matter this is not just any old carpenter not just any old 574 00:26:19,520 --> 00:26:20,820 retention 575 00:26:20,820 --> 00:26:24,340 it's a ten percent of the estate in its present format 576 00:26:24,340 --> 00:26:28,060 before anybody's had a mac and and and ability to assess whether or not the 577 00:26:28,060 --> 00:26:31,480 path and the top of being allocated to these people 578 00:26:31,480 --> 00:26:34,280 actually is just burning their money 579 00:26:34,280 --> 00:26:35,720 that's the question 580 00:26:35,720 --> 00:26:38,760 nothing much more than that we wanted a little bit of time to ask questions 581 00:26:38,760 --> 00:26:40,480 before 582 00:26:40,480 --> 00:26:42,380 that's how to protect that 583 00:26:42,380 --> 00:26:44,140 mister start my friend 584 00:26:44,140 --> 00:26:46,380 uh... spend more time preparing 585 00:26:46,380 --> 00:26:48,560 for the argument hopefully this week 586 00:26:48,560 --> 00:26:50,100 as opposed to doing that 587 00:26:50,100 --> 00:26:51,200 we're doing now 588 00:26:51,200 --> 00:26:54,040 so we can all get out there 589 00:26:54,040 --> 00:26:57,720 i think that suggested under five and back to you 590 00:26:57,720 --> 00:26:59,720 do you think that 591 00:26:59,720 --> 00:27:01,800 i can feel the love of the friendship 592 00:27:01,800 --> 00:27:03,220 uh... so 593 00:27:03,220 --> 00:27:04,640 uh... 594 00:27:04,640 --> 00:27:08,320 but anyone else 595 00:27:08,320 --> 00:27:09,040 it 596 00:27:09,040 --> 00:27:12,880 uh... it it it it it it it's just a little bit of a little bit of a 597 00:27:12,880 --> 00:27:14,960 uh... don't think 598 00:27:14,960 --> 00:27:17,340 it's reasonable to have 599 00:27:17,340 --> 00:27:19,900 at least three maybe four 600 00:27:19,900 --> 00:27:21,160 deposition 601 00:27:21,160 --> 00:27:23,560 on wednesday and thursday 602 00:27:23,560 --> 00:27:28,840 and be required to be ready for trial on friday 603 00:27:28,840 --> 00:27:29,840 understood 604 00:27:29,840 --> 00:27:31,840 uh... 605 00:27:31,840 --> 00:27:33,240 i guess i'm going to 606 00:27:33,240 --> 00:27:35,280 put you all to the task though 607 00:27:35,280 --> 00:27:36,960 uh... at 608 00:27:36,960 --> 00:27:40,700 i i i don't think the estate i don't think the employees i don't think the 609 00:27:40,700 --> 00:27:41,660 better and i don't 610 00:27:41,660 --> 00:27:43,400 necessarily think the creditors 611 00:27:43,400 --> 00:27:45,680 are going to benefit by delay 612 00:27:45,680 --> 00:27:47,520 uh... and having more 613 00:27:47,520 --> 00:27:49,060 uh... 614 00:27:49,060 --> 00:27:50,400 uh... time 615 00:27:50,400 --> 00:27:54,800 that i lose the thursday the friday that we set aside for this week 616 00:27:54,800 --> 00:27:56,220 uh... 617 00:27:56,220 --> 00:27:57,940 then the in the monday 618 00:27:57,940 --> 00:28:01,160 i will certainly put i'll put off though 619 00:28:01,160 --> 00:28:02,740 molus 620 00:28:02,740 --> 00:28:06,260 uh... retentive but i could do that as part of the day 621 00:28:06,260 --> 00:28:07,560 on friday 622 00:28:07,560 --> 00:28:11,120 will put that on for the monday 623 00:28:11,120 --> 00:28:12,520 that gives us 624 00:28:12,520 --> 00:28:14,640 uh... the full day 625 00:28:14,640 --> 00:28:16,880 uh... on that friday 626 00:28:16,880 --> 00:28:18,240 it gives 627 00:28:18,240 --> 00:28:20,920 you all unfortunately the burden of 628 00:28:20,920 --> 00:28:23,120 getting your ducks in order 629 00:28:23,120 --> 00:28:28,520 uh... on tuesday wednesday and thursday 630 00:28:28,520 --> 00:28:31,520 uh... will hear argument and get a better picture and maybe some of those 631 00:28:31,520 --> 00:28:32,920 answers will occur 632 00:28:32,920 --> 00:28:34,400 over the next three days 633 00:28:34,400 --> 00:28:37,760 uh... and maybe the calls for additional time but 634 00:28:37,760 --> 00:28:40,180 uh... we don't get anywhere if we don't start 635 00:28:40,180 --> 00:28:41,620 so let's start 636 00:28:41,620 --> 00:28:43,260 uh... i appreciate 637 00:28:43,260 --> 00:28:45,560 i appreciate the concerns 638 00:28:45,560 --> 00:28:46,800 we have to start 639 00:28:46,800 --> 00:28:48,440 uh... this is 640 00:28:48,440 --> 00:28:50,360 uh... this was scheduled 641 00:28:50,360 --> 00:28:54,160 uh... a long time ago with the case was filed in november 642 00:28:54,160 --> 00:28:55,620 uh... the end of november 643 00:28:55,620 --> 00:28:59,160 and uh... were already in the end of january 644 00:28:59,160 --> 00:29:00,440 uh... so 645 00:29:00,440 --> 00:29:03,880 it's time 646 00:29:03,880 --> 00:29:07,760 if counsel can agree now as far as the pending motions to seal and i know the 647 00:29:07,760 --> 00:29:09,140 u.s. trustee is objected 648 00:29:09,140 --> 00:29:11,440 on both of both the debtor and the committee 649 00:29:11,440 --> 00:29:12,600 filed their 650 00:29:12,600 --> 00:29:14,800 uh... recent declarations 651 00:29:14,800 --> 00:29:17,280 uh... under seal uh... 652 00:29:17,280 --> 00:29:21,640 i'll rule on them the motion at the outset on 653 00:29:21,640 --> 00:29:23,920 for purposes of the hearing 654 00:29:23,920 --> 00:29:26,120 let's proceed it uh... 655 00:29:26,120 --> 00:29:28,960 use initials instead of names 656 00:29:28,960 --> 00:29:31,600 uh... uh... front 657 00:29:31,600 --> 00:29:34,740 uh... and will be able to go forward and protect 658 00:29:34,740 --> 00:29:35,880 interests 659 00:29:35,880 --> 00:29:37,160 going forward 660 00:29:37,160 --> 00:29:39,680 uh... at least prepare for that 661 00:29:39,680 --> 00:29:41,620 and uh... 662 00:29:41,620 --> 00:29:42,780 in the interim 663 00:29:42,780 --> 00:29:45,420 if there are concerns 664 00:29:45,420 --> 00:29:46,200 tend to work 665 00:29:46,200 --> 00:29:48,000 if their discovery issues 666 00:29:48,000 --> 00:29:51,360 if there's something that arises that you need my attention 667 00:29:51,360 --> 00:29:53,220 reach out for chambers will have a 668 00:29:53,220 --> 00:29:55,040 probably not a zoom call will have a 669 00:29:55,040 --> 00:29:56,080 uh... comfortable have 670 00:29:56,080 --> 00:29:58,920 so it's a series of calls 671 00:29:58,920 --> 00:30:03,520 mister stoltz as you have raised 672 00:30:03,520 --> 00:30:04,880 actor and 673 00:30:04,880 --> 00:30:06,240 to help you know 674 00:30:06,240 --> 00:30:10,200 are moving to feel it can look like they've been through the morning 675 00:30:10,200 --> 00:30:13,620 so we're going to turn that into a party yeah we're going to move 676 00:30:13,620 --> 00:30:17,380 i'm moving everything that was off of the twenty fourth 677 00:30:17,380 --> 00:30:18,840 the the moles 678 00:30:18,840 --> 00:30:21,200 matter will be on for the thirtieth 679 00:30:21,200 --> 00:30:22,160 that monday 680 00:30:22,160 --> 00:30:24,720 will move everything to the friday 681 00:30:24,720 --> 00:30:27,400 uh... the twenty seventh 682 00:30:27,400 --> 00:30:29,080 uh... and 683 00:30:29,080 --> 00:30:32,680 on friday let's start at nine o'clock if you don't mind 684 00:30:32,680 --> 00:30:35,720 so we have the most of the day 685 00:30:35,720 --> 00:30:37,280 and uh... 686 00:30:37,280 --> 00:30:40,400 again with this plan on a half hour break for lunch 687 00:30:40,400 --> 00:30:42,600 but if this is a rising in in the 688 00:30:42,600 --> 00:30:44,520 or you need the court's assistance 689 00:30:44,520 --> 00:30:47,600 just reach out 690 00:30:47,600 --> 00:30:51,360 thank you very much about the fact that you should thank you 691 00:30:51,360 --> 00:31:12,360 thank you