“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.

  • Aatube@kbin.melroy.orgOP
    9·
    3 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.worldEnglish
      4·
      3 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
        2·
        3 days ago

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