if they are not on the "secured creditors list" they are considered "Non-secured". All that means is secured creditors get paid first before any non-secured claims. IMO I have yet to see any non-secured claims to ever be paid in these instances.
Pride Group - TPine
- Thread starter SCAM CHASER
- Start date
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You may be SOL on this one. If it was paid to one of the financiers you may have a chance.
Unfortunately I think you are right, the deposit is small potatoes in the grand scheme of things.
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The last I heard was the court order dated Sept 3 where the judge ordered mediation to attempt to resolve or narrow the concerns of all parties. That mediation was to take place on Sept 9 and 10. Possible judicial matters for the week of Sept 16 was to be set aside to address any concerns that come out of the mediation.
We may hear something this week if there was some movement.
We may hear something this week if there was some movement.
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There is a document on EY about some SEP 24 hearing. Among other things Pride is looking for Stay Extension into Spring 2025 ......Until now they got whatever they wanted from courts ....so let's see if anything different this time
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This has got to be torture for the employees. They need to get this situation sorted one way or the other.
Will be a year if not more since it started to go down hill.
Even Red Lonster who filed bankruptcy a few months ago has now exited bankruptcy
How is that possible when the court docs state otherwise? They state process to close down.
Just because their busy doesn't mean their healthy. Lots of companies go out with loads under power all over the place.