Member Info for newlunar

You would think it's making a lot if they've switched the taps on. If they haven't, then what are they waiting for?

Anyone know how the field is performing these days?

6p? Should be 26p!

Easily, just a matter of how long your have to wait

Shouldn't we know the latest sale price by now?

Some people would still need punishing

Some people crave the attention

No. Don't know what you're on about.

£60m? Did you miss a zero off that?

Yeah we know.

I don't think alba will cope with Modtfeldt and groc will take it off them in a couple of years.

That's what I said?

That's over 3% of the company, so we might see a tr1?

Chatgpt summary. Apologies if it doesnt format correctly.

The document is the **Sixth Report of the Monitor** dated September 5, 2024, concerning the restructuring process of Canadian Overseas Petroleum Limited (COPL) under the Companies' Creditors Arrangement Act (CCAA).

### Key Points:

1. **Background**:

- The report summarizes the activities since the Initial Order on March 8, 2024, which granted COPL and associated entities protection under CCAA.

- The main goal of these proceedings was to conduct a Court-approved sale and investment solicitation process (SISP), which concluded with a transaction on July 19, 2024.

2. **Court Approvals**:

- The Court approved a transaction with Summit Partners Credit Fund III, L.P. as the stalking horse purchaser, which was finalized on July 19, 2024.

- BP Energy Company objected to the transaction but eventually withdrew its objections after reaching a settlement.

3. **Closing and Next Steps**:

- The Monitor recommends that the CCAA proceedings be terminated, and the Monitor discharged after certain wind-down tasks are completed.

- The report also includes a request to approve professional fees totaling approximately $827,300 and an extension of the stay period to September 13, 2024.

4. **Recommendations**:

- The Monitor recommends that the Court approve the termination of the CCAA proceedings, the discharge of the Monitor, and the release of the Monitor and other parties from any liability except for gross negligence or willful misconduct.

The report provides a detailed account of the restructuring process and outlines the final steps required to wind down the CCAA proceedings.

With Yell there are several targets involved in the fraud. Besides the directors, and a billion quid laying around somewhere, one company involved has a turnover of £50 billlion.

I'm not sure what else RBM can say to you when you're

so determined.

If fraud can be proved, then everything can be reverted as painful as it would be.

"Fraud unravels everything. The court is careful not to find fraud unless it is distinctly pleaded and proved; but once it is proved it vitiates judgments, contracts and all transactions whatsoever.” (See Lazarus Estates Ltd v Beasley [1956] 1 All ER 341, 345)

"Our chairman has already stated that the assets are worth less than the debt"

I don't believe anything any of them say.

Eezgj78

You're right, in the UK it's called Group Litigation. In the US and Canada it's what everyone calls Class Action

What's the problem?

Alfresco and lloydy1066 I also have a site ready it just needs content. Are you in the telegram groups? If so let's try and find each other and work together. I am daveros on telegram. Thanks