Personally, I think the lawyers that HF hired should be liable. We sued to force HF into Chapter 7, immediate liquidation with distribution to pay off the creditors. They argued it should be Chapter 11 (on going concern) yet never did ANYTHING other than pursue selling of the assets of the company. So, why did they fight the chapter 7. In May, we had a chance of getting our money back and the lawyers' bills would have totaled 200k, not over a million. When they argued in court to avoid the chapter 7, they said they were going to run the business. What did they do other than pursue liquidation?
You really think the lawyers are liable for participating in the situation you created? What a spectacularly stupid thing to say.
HF, like anyone else, is entitled to due process. That means they are allowed to hire lawyers.
The lawyers' job is to advocate for their client. You should have learned this from watching court dramas on TV.
Another bit of common sense you should have learned from TV is that nobody wins except the lawyers once they get involved.
You were warned in advance by multiple parties no good would come of a litigious Samson Option. You didn't listen, and now we all get to wait in line behind the lawyers for refunds that will probably never come.
Thanks a lot. You did a heck of a job (driving a struggling start-up out of business and screwing its creditors).
armyof1, I'd like to oppose Koi's request for priority reimbursement on the grounds their BS bankruptcy filing did nothing but ruin our chances of even partial compensation.
Please help us out with any ideas you have to counter this:
https://cases.processgeneral.com/cases/document/case/5/hashfast-technologies-llc/120879/It's asinine for the people who initiated this legal fiasco to expect to be repaid before those who correctly warned against their ill-advised filings.