I raised this question a couple of weeks ago and not one of the lawyers or anyone else responded. My direct experience in a matter similar to this was the wamu situation when jpm basically stole wamu for 1.4 billion dollars to save their own tail from disaster.

What happened in that situation is that a law firm was willing to take the case on for the shareholders and yes, I shareholder representative was added to the creditors committee. This situation is still playing out after the reorg from bk. The shareholders received shares in the new holding company and still have a shareholder rep on the bod of the new holding company.

So it can be done, the difference here is that leckrones bk'd company is private and we are not direct shareholders but there may be a way because we are so tied to them through pds.

It seems, at least from one of my posts, no one wants to touch this with a 10 foot pole and I'm wondering why. To complicated, to confusing or maybe most on this board don't want to rock the boat because they are making good profits from flipping.