Seems like someone working 16 hr days would have time to update whats put into blogs, or PR's, lawsuits etc., Has this guy went for any amount of time without being in some legal situation? What really happened with armstrong ring case settlement? (and not message board answers)
Just a few from googling
How about Genesis? Anyone heard of that, google it...
WORLDWIDE DIRECT: Court OKs Trustee's Motion for Summary Judgment ----------------------------------------------------------------- Goldin Associates, L.L.C., as the Liquidating Trustee of Worldwide Direct Liquidation Trust, filed with the United States Bankruptcy Court for the District of Delaware a motion for summary judgment on the complaint filed against it by Robert H. Lorsch, Richard M. Teich, and Ahmed O. Alfi. After considering the arguments of both parties, the Court granted the Liquidating Trustee's Motion.
The complaint seeks declaratory relief to determine Robert H. Lorsch, Richard M. Teich, and Ahmed O. Alfi's interests in the Worldwide Direct Liquidation Trust, which they believe is a trust created by a settlement agreement resolving a number securities class action lawsuits to which they are included as defendants.
On April 1, 2010, the Liquidating Trustee filed a motion for summary judgment contending that, as a matter of law, no trust was created by the Settlement Agreement and the D&O Plaintiffs have no valid claims under the plain language of the Settlement Agreement.
A copy of the court's memorandum opinion is available at:
If anyone believes this post contains anything false, tortious or libelous, please point it out. I will promptly retract it and apologize or else explain why I believe you are wrong.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.