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Associate who made 1.5 billion dollar mistake is black
Poast new message in this thread
Date: July 31st, 2015 10:09 PM Author: Navy Exhilarant Lay New Version http://www.watertonassociates.com/investor-relations-legal
ryan green
Lol at affirmative action having a positive effect on biglaw. |
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Date: August 1st, 2015 2:33 PM Author: Marvelous stead internal respiration he looks pretty handsome. prolly has a 180 sex life (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28456878) |
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Date: August 1st, 2015 9:22 PM Author: brindle stirring locale milk ryan brown (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28459298) |
Date: July 31st, 2015 10:11 PM Author: metal concupiscible plaza tank To be fair, he achieved an excellent result for his client (or at least his client's other creditors). (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28453505) |
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Date: August 1st, 2015 5:44 PM Author: azure racy mother ape cr. the true retard is the associate at Simpson Thatcher who didn't catch this mistake. what race was he/she? (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28457960) |
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Date: July 31st, 2015 10:12 PM Author: Splenetic saffron antidepressant drug Gay black..."He is a member of the Illinois Bar, the Lesbian and Gay Bar Association of Chicago" (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28453507) |
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Date: July 31st, 2015 10:12 PM Author: Splenetic saffron antidepressant drug Not that there's anything wrong with either. (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28453511) |
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Date: August 1st, 2015 12:23 AM Author: razzle-dazzle very tactful theater stage coldplay fan Lol (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454414) |
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Date: August 1st, 2015 7:26 AM Author: Painfully Honest Laughsome Toaster diversity is finished here (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455422) |
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Date: August 1st, 2015 9:13 AM Author: Provocative house-broken sandwich Oh what a rising star! (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455527) |
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Date: July 31st, 2015 10:14 PM Author: bearded indecent forum stain how much do you think he makmes at that place? (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28453518) |
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Date: July 31st, 2015 10:16 PM Author: Fuchsia Soul-stirring Area Digit Ratio I know an exceptional Black admitted to UCHI w/$$ with a 158. Imagine what the run-of-the-mill types got. (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28453535) |
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Date: August 1st, 2015 12:24 AM Author: razzle-dazzle very tactful theater stage coldplay fan "Exceptional"? (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454418) |
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Date: August 1st, 2015 12:45 AM Author: Fuchsia Soul-stirring Area Digit Ratio Summa cum Laude, Phi Beta Kappa, class president, local and national awards, compelling tear-jerking personal narrative (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454586) |
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Date: August 1st, 2015 1:52 PM Author: razzle-dazzle very tactful theater stage coldplay fan Good for him. Should have studied for lsat tho (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28456703) |
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Date: August 1st, 2015 2:01 PM Author: multi-colored shrine partner Or just taken adderall and scored a 175+. (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28456741) |
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Date: August 1st, 2015 12:24 AM Author: godawful rehab It's pretty much a +10 boost so that's like a 168 (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454424) |
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Date: August 1st, 2015 12:29 AM Author: chrome vigorous depressive base 15-18 (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454467) |
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Date: August 1st, 2015 12:31 AM Author: razzle-dazzle very tactful theater stage coldplay fan (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454488) |
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Date: August 1st, 2015 7:36 AM Author: Galvanic Pit Then, at minimum, I scored over 180 with scaling. 100% black. I would've gotten into Harvard if it weren't for my mental instability. (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455430) |
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Date: August 1st, 2015 10:39 AM Author: chrome vigorous depressive base not sure if I follow you hoss (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455735) |
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Date: August 1st, 2015 10:59 AM Author: Galvanic Pit with your proposed +15-18 point AA bonus, my LSAT score was higher than 180. probably one of the highest LSAT scores by any fully black person. yet i was rejected from the entire t14 due to mental illness which fucked up my ugrad record including GPA. (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455830) |
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Date: August 1st, 2015 11:03 AM Author: chrome vigorous depressive base Okay. I am sorry to hear about your mental illness but welcome to Autoadmit (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455851) |
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Date: August 1st, 2015 12:45 PM Author: Galvanic Pit I've been here since 2008. Abbot Saxtus. (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28456275) |
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Date: August 1st, 2015 1:53 PM Author: razzle-dazzle very tactful theater stage coldplay fan What was your ugpa
How is china |
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Date: August 1st, 2015 1:54 PM Author: Galvanic Pit i came back and just took the bar exam
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Date: August 1st, 2015 1:55 PM Author: razzle-dazzle very tactful theater stage coldplay fan Wtf (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28456720) |
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Date: August 1st, 2015 2:00 PM Author: Galvanic Pit yeah, my last days in taiwan were pretty bad. i would just drink half a liter of whiskey every single night. i moved back home and stopped drinking. studied for the bar. started my own LLC last month. business is going OK. made like $400 bucks yesterday. (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28456739) |
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Date: August 1st, 2015 12:20 AM Author: godawful rehab How in the hell did he get an inhouse job after what happened (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454393) |
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Date: August 1st, 2015 12:24 AM Author: razzle-dazzle very tactful theater stage coldplay fan The in house job had a diversity quota to fill (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454422) |
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Date: August 1st, 2015 12:25 AM Author: godawful rehab It seems way too small of a place to care about diversity (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454426) |
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Date: August 1st, 2015 12:30 AM Author: chrome vigorous depressive base he a good keed (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454470) |
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Date: August 1st, 2015 12:43 AM Author: Puce roast beef range dindu nuffin
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Date: August 1st, 2015 11:25 AM Author: Painfully Honest Laughsome Toaster (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455913) |
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Date: August 1st, 2015 12:31 AM Author: Wonderful jewess He didn't tell them what happened? (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454477) |
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Date: August 1st, 2015 12:26 AM Author: Claret razzle crackhouse Link 2 his billion dollar mistake? (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454437) |
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Date: August 1st, 2015 12:30 AM Author: Brilliant bateful travel guidebook http://www.nysb.uscourts.gov/sites/default/files/opinions/233503_71_opinion.pdf
search "green" |
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Date: August 1st, 2015 12:45 AM Author: Puce roast beef range "[sic.; seemingly should be z]" (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454587) |
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Date: August 1st, 2015 12:27 AM Author: sooty nursing home french chef I thought he was at STB. Anyway, 180 to him for representing his client. (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454450) |
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Date: August 1st, 2015 12:32 AM Author: razzle-dazzle very tactful theater stage coldplay fan wait what am i missing here (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454489) |
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Date: August 1st, 2015 12:34 AM Author: sooty nursing home french chef Mayer Brown suffered no harm neither did his client. It is the idiots at STB who are on the hook. (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454507) |
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Date: August 1st, 2015 12:28 AM Author: Brilliant bateful travel guidebook The three UCC-1 filing numbers listed on the Synthetic Lease Closing Checklist were derived from a UCC search Green had requested that a Mayer Brown paralegal, Michael Perlowski, perform. Working from a prior search for UCC-1 financing statements recorded against GM (and without knowledge of the underlying transactions that had involved those filings, or, for that matter, the purpose of his undertaking), 26 Perlowski identified several UCC-1 financing statements in response to Green’s request. Perlowski was not aware of the specific transaction on which Green was working.27 Two of the UCC-1 financing statements Green listed on the Synthetic Lease Closing Checklist had been filed in connection with the Synthetic Lease. But the third UCC-1 financing statement he listed, with filing number 6416808 4, did not relate to the Synthetic Lease transaction. Instead, this third UCC-1 financing statement, bearing file number 6416808 4, was the Main Term Loan UCC-1. |
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Date: August 1st, 2015 12:29 AM Author: Brilliant bateful travel guidebook Perlowski. Handsome. (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454459) |
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Date: August 1st, 2015 12:33 AM Author: chrome vigorous depressive base Lol'd at the gravity of this paragraph. Perlowski fucked up as a paralegal does.. Green fucked up by failing to instruct, supervise and review. Everyone else REALLY fucked up from there on out. Only question is whether the remedial line of review adopted by banks to combat the RYAN GREEN MENACE will be in-house or outside counsel. If outside counsel, THANKS RYAN, GREAT JOB xoxo |
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Date: August 1st, 2015 12:35 AM Author: sooty nursing home french chef Just do release UCCs as a debtor. 180!!!!!! (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454515) |
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Date: August 1st, 2015 12:36 AM Author: chrome vigorous depressive base Lmao (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454523) |
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Date: August 1st, 2015 12:38 AM Author: sooty nursing home french chef I do this shit all the time (well not this shit but similar). Fuck them if they can't read the doc. I like this guy. (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454544) |
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Date: August 1st, 2015 12:36 AM Author: Brilliant bateful travel guidebook the MB partner, Gordon whatever, is ultiamtely responsible but its not MB's problem, they HELPED their client... its fucking STB for not checking shit, jfc if ur paying 600 plus an hour u expect that
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Date: August 1st, 2015 12:39 AM Author: sooty nursing home french chef CR (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454548) |
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Date: August 1st, 2015 12:39 AM Author: chrome vigorous depressive base Lol at shifty lawyers taking MB's gaffe as the new MARKET for debtor counsel work. Just slip a fraud UCC-3 into every package with pre-written "Nice job on the docs." Reply email.
"Oh I'm sorry, accurate lien release schedules are not market in distressed automotive synthetic lease closing sets - do we need to get our clients on the phone?" |
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Date: August 1st, 2015 12:44 AM Author: sooty nursing home french chef This is how I roll. I had counsel for the other side at a settlement hearing say he would have not have signed had he known what the agreement said. I chuckled audibly. (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454577) |
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Date: August 1st, 2015 12:48 AM Author: chrome vigorous depressive base Yeah I cop that too but something is obviously different about a few morse codes getting shuffled in a stack of 30,000 pages of paper vs. putting a subtle substantive concept right under another attorney's nose and him simply failing to spot the issue. In one case you hid the ball, in the other case you threw a strike. (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454617) |
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Date: August 1st, 2015 2:35 AM Author: narrow-minded brethren that's incompetence (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455066) |
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Date: August 1st, 2015 11:32 AM Author: sooty nursing home french chef Judge could not hear me. (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455942) |
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Date: August 1st, 2015 1:55 PM Author: razzle-dazzle very tactful theater stage coldplay fan (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28456718) |
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Date: August 1st, 2015 7:59 AM Author: Razzmatazz parlour son of senegal UCC filings perfect and provide notice, right? Terminating the UCC filing shouldn't terminate the underlying security interest on its own, right? They should still be secured at some level, right? (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455443) |
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Date: August 1st, 2015 11:01 AM Author: pungent halford church I don't know the facts here, but a bankruptcy trustee can avoid the security interest of any unperfected creditor (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455844) |
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Date: August 1st, 2015 2:59 PM Author: godawful rehab A security is worthless if it's not perfected when there's a billion other senior creditors that will exhaust the pie (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28457013) |
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Date: August 1st, 2015 10:46 AM Author: supple indian lodge wait, so $1.5bn went up in smoke because the serial numbers on two different documents didn't match? and making sure they did match was the responsibility of at least three different people (the paralegal, the associate, and presumably the partner on the case)?
how has this profession not been software-engineered out of existence yet? |
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Date: August 1st, 2015 10:51 AM Author: glittery stage titcq. it's absolutely astonishing how little software has made its way into transactional law. other than the obvious reason of entrenched interests not wanting it, the only explanation i can think of is that there just aren't enough people with sufficient knowledge in both areas to do anything about it. it's difficult to disrupt since the very people you would need to use the software, biglaw firms, are the ones benefiting the most from the inefficiency of how things are done now.
you see it a tiny bit with http://www.clerky.com but nothing else. |
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Date: August 1st, 2015 12:31 AM Author: Brilliant bateful travel guidebook He didn't make a mistake. He saved his fuckinng client millions. Its STB's fucking duty to review them. Green is a HERRRO (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454480) |
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Date: August 1st, 2015 12:44 AM Author: sooty nursing home french chef Green the hero (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454578) |
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Date: August 1st, 2015 12:59 PM Author: Umber garrison trust fund This bro. Dooder may have been lazy and not reviewed the paralegal's work, but it was STB's job to make sure the filing was correct.
Since working in-house, I've seen some of the dirty shit other in-house attorneys do. They will track change most of their items, but "must of disabled the track changes function" for some of the edits. We are constantly doing comparisons to confirm that their redline contains all of their edits (or the edits since we've last touched the document).
Edit: I know they prbly couldn't have done track changes for these filings. |
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Date: August 1st, 2015 1:01 PM Author: maize weed whacker selfie jeez, that is sketchy. (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28456389) |
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Date: August 1st, 2015 3:01 PM Author: godawful rehab I see this a lot too. I'll admit to doing it occasionally with stylistic shit to avoid the appearance of red everywhere. I'll just accept formatting changes sometimes. But yeah I've seen people do it with substantive shit and that's just fucked up. (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28457035) |
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Date: August 1st, 2015 1:06 AM Author: Puce roast beef range Who is this Mardi Merjian?
http://www.stblaw.com/our-team/news/mardi-r-merjian |
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Date: August 1st, 2015 9:10 AM Author: Adventurous Menage People Who Are Hurt Counsel (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455517) |
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Date: August 1st, 2015 1:56 PM Author: razzle-dazzle very tactful theater stage coldplay fan Ljl at this subhuman Persian diversity hire. Luis explain (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28456725) |
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Date: August 1st, 2015 5:45 AM Author: passionate pozpig dilemma Wtf why is everyone talking about how MB represented their client so well? They didn't save GM any money. Didn't they only just help out the unsecured creditors (bondholders, I assume)? (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455353) |
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Date: August 1st, 2015 7:47 AM Author: multi-colored shrine partner Why presume he was AA'd into UChicago Law? His resume states that he graduated college with highest honors in econ (probably 3.8+ GPA) from Emory. He may have made a mistake, but he's no idiot. (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455435) |
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Date: August 1st, 2015 9:13 AM Author: Provocative house-broken sandwich Nice flame (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455526) |
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Date: August 1st, 2015 9:51 AM Author: multi-colored shrine partner Not flame. He likely had a 3.8+ gpa from a decent college and probably a 164+ lsat. Lsat may have been a bit on the lower end, but probably nothing way off from the 25th-50th percentile. (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455604) |
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Date: August 1st, 2015 10:13 AM Author: cerise motley mad cow disease temple the pernicious reality of AA is that a gay black man will always be assumed to have AA'ed his way into everything (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455660) |
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Date: August 1st, 2015 10:30 AM Author: multi-colored shrine partner Right, but once one sees that he graduated from a top 25 ugrad with a 3.8+ in econ, those thoughts should go out the window as he's obviously not a dumb guy. (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455704) |
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Date: August 1st, 2015 10:31 AM Author: Provocative house-broken sandwich Keep flaming bro. You're doing great (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455708) |
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Date: August 1st, 2015 10:38 AM Author: multi-colored shrine partner What's flame about it? Give credit when credit is do. Stop being a racist ape for a change. (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455727) |
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Date: August 1st, 2015 10:40 AM Author: Provocative house-broken sandwich Just hope the next nigger that fucks your ass doesn't have grids (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455737) |
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Date: August 1st, 2015 10:42 AM Author: multi-colored shrine partner Look, just admit you're a racist pile of dog shit and move on... (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455746) |
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Date: August 1st, 2015 10:43 AM Author: Provocative house-broken sandwich Gas yourself, faggot (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455750) |
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Date: August 1st, 2015 10:45 AM Author: multi-colored shrine partner Only if you and your entire pile of shit family step in the chamber first. (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455757) |
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Date: August 1st, 2015 10:47 AM Author: Provocative house-broken sandwich (Gaids-ridden nigger about to die anyway) (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455773) |
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Date: August 1st, 2015 10:50 AM Author: multi-colored shrine partner Just as I thought, looks like you've proven my assertion right. (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455785) |
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Date: August 1st, 2015 10:54 AM Author: Provocative house-broken sandwich When did I deny that I believe fags are disgusting and blacks are intellectually inferior? Or that I disagree with both groups being allowed to benefit from aa? (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455803) |
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Date: August 1st, 2015 11:23 AM Author: multi-colored shrine partner Of course you disagree, you're a bigot. (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455904) |
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Date: August 1st, 2015 11:26 AM Author: Provocative house-broken sandwich Kill yourself. Seriously. (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455915) |
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Date: August 1st, 2015 10:50 AM Author: demanding flatulent kitchen can you imagine on his firm bio
*Represented GM in releasing $1.5bn security interest in secured debt, saving GM XXX millions |
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Date: August 1st, 2015 10:54 AM Author: Heady apoplectic library "Pwned the FUCK out of big city vault 10 attorneys." (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455809) |
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Date: August 1st, 2015 10:54 AM Author: glittery stage so what? absolutely any one of us could have made the exact same mistake, and in fact the lawyers at STB did. it's more than likely that all of us have made similar errors before, and they may have even made it into the final docs as they did here - they just haven't been discovered (yet). (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455807) |
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Date: August 1st, 2015 11:02 AM Author: Sexy Thriller Trump Supporter Hell Yep (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455848) |
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Date: August 1st, 2015 11:03 AM Author: pungent halford church titcr
I'm waiting for my UCC errors to come back to haunt me |
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Date: August 1st, 2015 11:32 AM Author: maize weed whacker selfie Dude, he didn't make a mistake, only the STB lawyers did. (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455938) |
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Date: August 1st, 2015 11:30 AM Author: maize weed whacker selfie To be fair, I do this type of work, and if I were in his shoes representing GM, I would have done the same exact thing. If my paralegal makes a mistake, JP Morgan needs to catch it, and if they don't, no big deal for my client. (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455928) |
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Date: August 1st, 2015 11:31 AM Author: Vengeful Locus ELI5 plz (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455932) |
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Date: August 1st, 2015 11:45 AM Author: glittery stage http://xoxohth.com/thread.php?thread_id=2951033&mc=47&forum_id=2#28454804
+
http://xoxohth.com/thread.php?thread_id=2951033&mc=47&forum_id=2#28455671 |
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Date: August 1st, 2015 1:04 PM Author: fishy fragrant multi-billionaire keepsake machete Shame shame shame that all those black bankers and law associated caused the great 2008 recession (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28456407) |
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Date: August 1st, 2015 2:58 PM Author: Rose police squad friendly grandma nah it was the black mortgage borrowers (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28457011) |
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Date: August 1st, 2015 2:31 PM Author: Marvelous stead internal respiration can someone explain in plain english what the mistake was? the doc was supposed to have one UCC # but instead it had a different one? (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28456873) |
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Date: August 1st, 2015 2:37 PM Author: Salmon newt cq. litigationmo here. i have no idea wtf happened. (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28456892) |
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Date: August 1st, 2015 2:39 PM Author: Marvelous stead internal respiration if it's the case that he saved his client $150MM by putting in a wrong serial number that the other side didnt catch, why dont people do that all the time (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28456901) |
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Date: August 1st, 2015 3:05 PM Author: metal concupiscible plaza tank 1500 MM and it was the clients other creditors made out like bandits. People don't usually do it because ethics and competent counsel with check this kind of thing. (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28457060) |
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Date: August 1st, 2015 2:56 PM Author: Umber garrison trust fund Imagine the GM bankruptcy as being a first-come, first-serve for creditors. There is a preferred service line (those that have a security interest) and a normal service line. Because of the filing, the creditors lost their place in the preferred service line, and are now in the normal service line.
Problem is that there are many more people in both service lines than there are assets. So, a group will get screwed. It will be those in the normal service line. |
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Date: August 1st, 2015 2:57 PM Author: Marvelous stead internal respiration all because of one wrong number? (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28457004) |
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Date: August 1st, 2015 3:03 PM Author: metal concupiscible plaza tank ONE. WRONG. NUMBER. (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28457047) |
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Date: August 1st, 2015 3:05 PM Author: Marvelous stead internal respiration (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28457065) |
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Date: August 1st, 2015 9:30 PM Author: brindle stirring locale milk 180 (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28459339) |
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Date: August 1st, 2015 3:04 PM Author: Umber garrison trust fund Not a UCC expert. But, pretty much yea (I think). The perfection was lost. Without it, the trustee can do ><>< NO BREAKFAST ><><>
They went from cadillac el dorado to a set a steak knives. |
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Date: August 1st, 2015 3:05 PM Author: Marvelous stead internal respiration holy shit lol (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28457063) |
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Date: August 1st, 2015 3:06 PM Author: Salmon newt can someone explain this a bit more in plain english (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28457071) |
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Date: August 1st, 2015 3:07 PM Author: glittery stage http://xoxohth.com/thread.php?thread_id=2951158&mc=6&forum_id=2 (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28457074) |
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Date: August 1st, 2015 9:29 PM Author: brindle stirring locale milk 180 explanation (for dumbfucks like me). Ty, ty. You are a good dooder. (http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28459337) |
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Date: August 1st, 2015 7:11 PM Author: demanding flatulent kitchen I m not even an lawyer and I get this,
All the tard paralegal did was do a search for UCC and came back with 3 results. Only two of the UCCs were supposed to be released, 1 of the 3 was the interest in the 1.5bn facility that wAsnt supposed to be released. Nobody checked anything and voila 1.5 bn security interest was released among the other two.
Hilarity ensues. |