Court Approves Allied’s Bankruptcy Financing Plan:
Now's the time to push your way to the head of the line if you can. As usual, looks like the banks are being taken care of. Wonder how many car haulers they owe money to? I know a few guys who got stung. Hard to file a class action suit against a company in bankruptcy protection. Lawyers tend to want to get paid. (I ought to know-- I've got three attorneys in my immediate family, two of them specializing in business law in big-name firms!)
Makes me think I should sue somebody, all those free lawyers. Problem is, in this industry anyway, guys who are "sue-happy" tend to get a reputation for being cranks. That's bad for business.