Quote from: dopamine on September 12, 2014, 02:32:35 PM

im amazed that the motion got denied? ya there was no mismanagement? but everyone got raises when they failed their obligation to their customers... and hashfast LLC that holds the IP to avoid force liquidation or to hide money from there creditors... WTF is going with these layers?

The trustee motion was denied because the committee already put a CRO in charge at the company. He should have almost complete powers, a trustee would have been more expensive and probably less familiar with the hf/bitcoin mess.
The other motion got instead approved, and that was the one allowing a "substantive consolidation" between HF California and HF Delaware (so that creditors can now sell their vague next gen ip, for whatever is worth).