Friday, February 15, 2013

A telling story:

A wine merchant that I know was invited by Derek Linbacher to tour the facility.  This wine merchant has no wine stored at Wine Care Storage.  In fact, the wine merchant said that based on this invitation, one should give Wine Care Storeage the benefit of the doubt.

He showed up at the appointed hour for a tour.  He was asked to sign a confidentiality document by a lawyer who was outside the door.  The agreement would have prevented the wine merchant from disclosing any information about the tour or what he saw to any other party.

What was the point in inviting the wine merchant for a tour?

It would appear that Mr. Linbacher is engaged in an elaborate game of hide and seek.  He should remember that the Bankruptcy Court is a court of equity.  While the debtor is given great latitude, the debtor is supposed to be forthcoming.  The time is running out for Mr. Linbacher.

At this juncture, one can now see the glass as half empty or perhaps empty.

No comments:

Post a Comment