Navigation Links
Energy Partners, LTD Shareholders At Risk
Date:4/3/2009

Will EPL plans to exchange bonds for stock jeopardize shareholder interests?

TEQUESTA, Fla., April 3 /PRNewswire/ -- In a letter to Alan D. Bell, Chief Restructuring Officer, and the Board of Directors of Energy Partners, LTD (EPL), Charles Reinwald, Chairman of the Cancer Cure Coalition (CCC), personally holding a quarter million shares as well as representing CCC which holds 1,200 shares, expressed deep concern over a proposed bond buyout of the company's notes for its stock. The result, if adopted, would virtually wipe out the value of the shareholders' stock. He noted that Carlson Capital, a large bond holder, holds three of the 7 seats on the board and points out this is a conflict of interest. He also asked if any severance payments were made to Richard Bachmann, former CEO, and Joseph T. Leary, former CFO. Mr. Reinwald suggested that a Shareholder Committee be formed to protect the shareholders' interests.

If you would like more information, a copy of Mr. Reinwald's letter, or to discuss establishing a shareholder's protection committee, contact Mr. Reinwald at (541) 359-1851 or e-mail him at charles01234@aol.com


'/>"/>
SOURCE Cancer Cure Coalition
Copyright©2009 PR Newswire.
All rights reserved

Page: 1

Related medicine news :

1. Trade-offs reveal no clear favorites in alternative energy market
2. Environment, Energy and Ethics conference at UD, Sept. 21-23
3. HHS Provides Over $131 Million In Energy Assistance
4. Dynamic Energy Systems Goes Online and On-Demand
5. Proven Nutrition Provides Energy and Hope to Cancer Fighters
6. National Energy Services Receives Repeat Orders From Golden Living and Cathedral Rock Skilled Nursing Facilities
7. From Fatigued to Fantastic! Provides Antidote to Energy Crisis
8. Reliant Energy, Houston Texans Ahman Green and Matt Schaub Team to Hold News Conference, Book Signing to Raise Awareness about Autism
9. Youth and Health Experts Call on the Governor to Take the Buzz Out of Energy Drinks
10. Study shows energy drink cocktails lead to increased injury risk
11. China Holdings, Inc. Announces 2nd Biomass Renewable Energy Project (Power Capacity: 50 MW); Total Potential: 100 MW in Biomass Energy Pipeline
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/15/2017)... ... January 15, 2017 , ... Going above and beyond ... strives to better communities around the world by offering the Gensuite team and ... opportunity for team members to become involved in a cause that is bigger ...
(Date:1/15/2017)... Rosa, CA (PRWEB) , ... January 15, 2017 ... ... nominate their choice of best physicians in eight Bay Area counties for 2017. ... by the healthcare research company managing the award process. Results were announced the ...
(Date:1/14/2017)... Minneapolis, MN (PRWEB) , ... January 14, 2017 ... ... to present the distinctions among their expanding line of activated charcoal products. With ... emphasizes the importance of categorizing their products according to how they cater to ...
(Date:1/13/2017)... ... 2017 , ... People with type 2 diabetes know to ... as checking the nutrition label on foods for grams of sugar. But carbohydrates ... proteins can influence — either positively or negatively — insulin secretion and glucose ...
(Date:1/13/2017)... ... January 13, 2017 , ... With the increasing public ... of providing additional organic alternatives for customers who have grown more conscious about ... line of all-natural activated charcoal products, Moody Zook Chief Executive Officer Nate Ginsburg ...
Breaking Medicine News(10 mins):
(Date:1/16/2017)... SAN FRANCISCO, Calif. , Jan. 16, 2017 /PRNewswire/ ... that on January 3, 2017 and January 16, 2017 ... the grant of inducement stock options to purchase an ... new employees. These awards were granted pursuant to the ... inducement material to the new employees entering into employment ...
(Date:1/16/2017)... Colo. , Jan. 16, 2017 CBDRx, ... donate large amounts of phyto-nutrient rich hemp extract to ... the donation of their proprietary hemp extract to Veteran,s ... CBDRx the best hemp company in the world and ... best, most nutritious, full spectrum phyto-nutrient rich hemp extract ...
(Date:1/15/2017)... -- Le conseil d,administration de SurgaColl Technologies Ltd., ... la régénération de tissus humains, annonce la nomination de ... effet immédiat. ... Bill est un dirigeant expérimenté à l,international dans l,industrie ... générale et de direction au sein de sociétés internationales spécialisées ...
Breaking Medicine Technology: