“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.

    • Fredselfish@lemmy.world
      link
      fedilink
      English
      arrow-up
      33
      ·
      12 days ago

      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@lemmy.world
        link
        fedilink
        English
        arrow-up
        3
        ·
        11 days ago

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

          • stoly@lemmy.world
            link
            fedilink
            English
            arrow-up
            3
            ·
            11 days ago

            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.

            • Aatube@kbin.melroy.orgOP
              link
              fedilink
              arrow-up
              9
              ·
              11 days ago

              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@lemmy.world
                link
                fedilink
                English
                arrow-up
                4
                ·
                edit-2
                11 days ago

                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

                • Aatube@kbin.melroy.orgOP
                  link
                  fedilink
                  arrow-up
                  2
                  ·
                  11 days ago

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