Some people never learn.
--- In AsburyPark@yahoogroups.com, "wernerapnj" <[EMAIL PROTECTED]>
wrote:
>
> --- In AsburyPark@yahoogroups.com, "justifiedright"
> <justifiedright@> wrote:
> >
> > My post was about me not them. Just wanted to make the point to
> > certain folks that I knew what I was talking about when I said a
> > bankruptcy trustee's job is to maximize the income, so anyone
could
> > have walked in and bid more, whether the City liked it or not.
> >==================================================================
>
> Once again mis-information is perpetuated, due to not considering
the
> entire picture and facts.
>
> Comparing Apples/Oranges - a normal bankruptcy involving private
> parties is vastly different from a bankruptcy involving a
municipality
> and rights held in 'public trust' through a redevelopment contract.
>
> The City had to approve of any transfer of the redevelopment
rights,
> the judge could not force a settlement upon the City.
>
> Werner
>
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