Anyone know what the outcome of this vote was?
I was cleaning up today and found my notes from the creditor's
meeting. I noted "Stewart Powell stated Company responsible for fees
for the Trust item 7". Stewart was a company director at that time, IIRC.
Item 7 of the variation of the DOCA says "Any fees, costs or
disbursements incurred by the deed administrator in excess of the
estimated fees of $100,000 provided for in 2.5, be paid by the Trusts
subject to the approval of the Company, or if not approved by the
Company, the approval of the beneficiaries under the Trusts."
I also found notes from 4 Dec 03 when Peter Yates and Sallie Muire
called me. I noted that they told me "In no worse position (employee
and unsecured creditors). Company covers all expenses even over $100k"