1. Premier Exhibitions Asks Court For More Time To File Reorganization Plan (Bankruptcy Court News, 3 Oct 2016)
Premier Exhibitions has petitioned the court to allow it to extend the period to file a reorganization plan under Chapter 11 to 17 Jan 2017. “Under the circumstances of these cases, a premature termination of exclusivity would deny the Debtors a meaningful opportunity to negotiate and propose a confirmable plan and would be antithetical to the paramount objectives of Chapter 11. Termination of exclusivity at this point in time could have the undesirable effect of encouraging the development of competing multiple plans that could lead to unwarranted confrontations, litigation, and administrative expenses.” To cut to the chase of all the fancy legal wording, it means if they do not get the extended time other plans may emerge. Which sort of hints that there might be some other plan out there they want to head off.
2. For those on the Netflix service, your long wait has ended. James Cameron’s Titanic is coming to Netflix this month. At least for those in the U.S. Of course you could purchase it and never have to worry when it shows up on one of the online streaming services.
3. It is officially Halloween season here at Titanic News Channel. Our staff is up for the occasion. The mummy has come out its sleeping chamber to render some scares to kids in the area. Our old friend Headless is planning his usual evening strolls with pumpkin in hand looking for someone’s head. A few fluttering ghosts have been seen as well. We have classic zombies (not the Romero version) wandering about as well and quite possibly Frankenstein and Count Dracula as well. The stores are well stocked with Halloween candy to the rafters. Sadly Halloween is on a Monday this year. And with all the political correctness nonsense, even saying Happy Halloween in some schools is not only discouraged but banned. All the more reason for many parents to band together, invite the little kids over, and have their own Halloween event.