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:3/24/2017)... Calif. (PRWEB) , ... March 24, 2017 , ... ... raised over $100,000 for its innovative EcoQube Frame vertical micro-veggies garden on ... instant demand for the product – with nearly 2,000 consumers (and counting) already ...
(Date:3/24/2017)... ... March 24, 2017 , ... Viewers who like to ... critical historical facts, cultural practices, goods, services, and societal issues tend to appreciate and ... into the popular practice of utilizing running events for causes around the world. ...
(Date:3/24/2017)... ... March 24, 2017 , ... “End Time GPS”: a ... will interrelate. “End Time GPS” is the creation of published author, Wesley Gerboth, ... working on military munitions and space-vehicle projects. Now, at age ninety-one, he shares the ...
(Date:3/23/2017)... ... 23, 2017 , ... A recent report from the National Council on Teacher ... NCTQ report suggests, based on a review of GPA and SAT/ACT requirements at 221 ... the U.S. It argues that this higher bar should be set by states, by ...
(Date:3/23/2017)... , ... March 23, 2017 , ... The IoT (Internet ... WiFi connectivity are making a huge impact on businesses and individual consumers alike. ... the IoT will have a value anywhere from $4 trillion to $11 trillion dollars ...
Breaking Medicine News(10 mins):
(Date:3/24/2017)... FinancialBuzz.com News Commentary   ... Medical cannabis products around the world are projected to gain popularity. A ... market will reach a value of USD 55.8 billion by 2025. ... growing industry. By the end of 2016, 28 states have now laws ... conservative states like Arkansas and North ...
(Date:3/24/2017)... -- Global Ampoules Market report provides a ... and industry chain structure. The Ampoules market analysis is ... landscape analysis, and major regions, development status. ... Complete ... 10 company profiles and 183 tables and figures is ...
(Date:3/24/2017)... , March 24, 2017  Eli Lilly and ... plans to invest $850 million in its U.S. ... across its U.S. enterprise, including research laboratories, manufacturing ... are being driven by demand for Lilly products, ... medicines in development targeting cancer, pain, diabetes and ...
Breaking Medicine Technology: