“It seemed doomed almost from the moment they decided to go to a sealed bid,” Judge Lopez said. “Nobody knows what anybody else is bidding,” he added.

  • dylanmorgan@slrpnk.net
    link
    fedilink
    English
    arrow-up
    2
    ·
    6 hours ago

    This was not a typical bankruptcy auction, and part of the trustee’s role was to ensure an outcome that was acceptable to those injured by Jones, eg the Sandy Hook families.