this post was submitted on 11 Dec 2024
352 points (97.3% liked)

Technology

59978 readers
3663 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 2 years ago
MODERATORS
 

“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.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 54 points 6 days ago (8 children)
[–] Fredselfish 33 points 6 days ago (7 children)

Most bids are sealed. Go bid on any construction job they are sealed. One bidder has no clue what anyone else bid. What the fuck corrupt judge is what they got there.

[–] stoly 3 points 6 days ago (1 children)

And they are interviewing retired bankruptcy judges that are apparently at a loss right now.

[–] [email protected] 1 points 6 days ago (1 children)
[–] stoly 3 points 6 days ago (1 children)

Sorry it was on NPR in the morning. They had someone saying that it was a perfectly standard sale and were surprised by the decision.

[–] [email protected] 9 points 6 days ago (2 children)

found it!

Bruce Markell, a former U.S. bankruptcy judge and now Northwestern law school professor, said the judge's decision was shocking and disappointing.

"It seems that the good was held hostage to the better," Markell said, and now "the costs of dealing with an obstreperous debtor [Jones] just keep mounting."

don't see the "perfectly standard" part tho. maybe he felt it could be argued to have a potentially better deal but didn't think it warranted overturning the sale.

[–] villainy 4 points 6 days ago* (last edited 6 days ago) (1 children)

obstreperous adjective
ob·strep·er·ous

1: marked by unruly or aggressive noisiness : clamorous
obstreperous merriment
an obstreperous argument

2: stubbornly resistant to control : unruly
obstreperous behavior
an obstreperous child

[–] [email protected] 2 points 6 days ago

maybe he felt it could be argued to have a potentially better deal but didn't think it warranted overturning the sale.

[–] stoly 2 points 6 days ago

Well that was my post day paraphrase lol. Glad you found it.

load more comments (5 replies)
load more comments (5 replies)