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:10/13/2017)... ... ... Lori R. Somekh, founder of the Law Office of Somekh & Associates ... special needs planning attorneys. “Membership in ElderCounsel helps our office remain up to date ... elder law attorneys nationwide,” said Somekh. , ElderCounsel was founded by ...
(Date:10/13/2017)... ... , ... Global Healthcare Management’s 4th Annual Kids Fun Run brought out many ... event, sponsored by Global Healthcare Management’s CEO, Jon Letko, is aimed at getting kids ... of all ages; it is a non-competitive, non-timed event, which is all about having ...
(Date:10/13/2017)... ... 2017 , ... “America On The Brink”: the Christian history of the United ... the creation of published author, William Nowers. Captain Nowers and his wife, Millie, ... spent thirty years in the Navy. Following his career as a naval aviator ...
(Date:10/12/2017)... ... October 12, 2017 , ... IsoComforter, Inc. ( https://isocomforter.com ... the introduction of an innovative new design of the shoulder pad. The shoulder ... maximum comfort while controlling your pain while using cold therapy. By utilizing ice and ...
(Date:10/12/2017)... ... October 12, 2017 , ... HMP , a ... of a 2017 Folio Magazine Eddie Digital Award for ‘Best B-to-B Healthcare Website.’ Winners ... October 11, 2017. , The annual award competition recognizes editorial and design excellence across ...
Breaking Medicine News(10 mins):
(Date:10/2/2017)...  Eli Lilly and Company (NYSE: LLY ... quarter of 2017 on Tuesday, October 24, 2017. Lilly ... with the investment community and media to further detail ... will begin at 9 a.m. Eastern time. Investors, media ... of the conference call through a link that will ...
(Date:10/2/2017)... Denmark , Oct. 2, 2017 The Rebound ... in the struggle to reverse the tide of prescription drug ... for regulating their medicine intake and stepping down their dosage ... set to launch in December 2017; the first 100,000 people ... Learn more at http://www.rebound-solution.com/ ...
(Date:9/27/2017)... , Sept. 27, 2017  Commended for their devotion ... notable awards. Ranked as number one in the South Florida ... time in Inc. 5000 yearly list, the national specialty pharmacy ... Armando Bardisa will soon be honored by SFBJ ... Set to receive his award in ...
Breaking Medicine Technology: