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Old 03-11-2009, 12:28 PM
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Location: Baton Rouge, Louisiana, La.
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As I've read this, and the filed cases, and understood it, Hurricane was bought and became an asset of White's. As such it is available too be sold as a means to fulfill the relief sought. The original Hurricane owners were not defrauded in that they received the agreed price in exchange for the physical and intellectual assets that collectively formed the original company. Now the process of the sale depends upon the case and its resolution and will have to follow the time line it will follow.

Doug
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