Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

2001-Afternoon Session-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

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Bankruptcy and Percate

We thought perhaps somebody would come in uh... with a plan of reorganization and got very close to where they were in our view they were going to default. So we jointly with lu kadia in a joint venture called uh... berkadiaUh... put forth our own plan and made a transaction. We will have a plan which will be which has been outlined in the press and will be submitted to the court almost certainly within a week.

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