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The Motion is in the District Court, Judge Andrews, and is seeking to tie Mary’s hands. Rightfully so, imo.
Closing the cases with the appeal outstanding would be just plain wrong.
...And Mary and BriBri DAMN WELL KNOW it!!!!!
I agree with this too. I wish she had never raised the issue, but she did... ...and now it needs to be adjudicated under the LAW. What’s right is right and what’s WRONG is WRONG.
Well...I’m telling ya bob...I don’t like the delay one bit, But I sure as hell don’t like the TAB and the Trustee doing as they please with zero regard for the approved, confirmed and implemented Plan. And Rosen trying to close the cases with the appeal still outstanding is just more outrageous arrogance that only Walrath actually allowing the cases to be closed before the Appeals court gives a decision could eclipse.
I want the decision first. It’s the only FAIR AND REASONABLE thing to do.
I was unaware of that...wooooowww.
...someone should audit all these lawyers on corporate bankruptcies.
I’ll bet you’d find sharks on multiple cases billing hundreds of hours per day.
So true Don, thank you. I’ve come to realize that nothing is more important than our health, hope you are well.
Here is some good study for all of us:
“It’s in there!”
Sure makes you wonder about all the Chinese “news” in the “news”...
Thanks Goodie.
...biggest bank in the world, and STATE owned. Wow! ...and they hired her.
https://en.m.wikipedia.org/wiki/Industrial_and_Commercial_Bank_of_China
Careful with your choices people, history tells us why.
God Bless America, May she always stand Tall and proud in the name of LIBERTY.
Totally agree I’m not invested in any way either. Just trying to catch up on what I find to be a very interesting set of circumstances.
I would imagine that the suit I’m inquiring about was or is an adversary complaint within the BK.
Doing some searching it seems Lampert and ESL countered with a suit of their own...
...I’ll have to go look up all this on the record (pacer).
Thanks 1080! You’re a straight up lawyer!
lol
Understood, thank you.
Do you know what ever happened with the lawsuit?
Not unless they recover billions from Lampert.
Is SHLDQ still suing him? Is that suit an adversary proceeding within the BK? Or?
I-Man, I appreciate your reply, but I didn’t see an answer to my question...
What happened to “Holdco v Lampert”?
Who gets the Litigation Assets?
The curious part is...why cover at all? When it gets canceled, shorts don’t have to cover.
Can anyone here shed some light on what the plan says about Litigation Assets? I haven’t been following closely, but was under the impression that “shareholders” were going after Lampert for looting the company blind over the past ten years.
Is this still on ongoing suit? If so who gets the Litigation Assets?
https://nypost.com/2008/06/07/gals-starbucks-cut/
...for anyone too lazy to search for it.
WOW.
Maybe a “new” New Years resolution...
...god, I hope so.
Please try and keep it this time.
The other reasons are that our counsel was conflicted and the captain of the EC is a known shill for the big players.
We got WMIH...and that’s all we are ever going to get.
The two “men” mentioned above made sure of it.
The really nutty part is that the same people who refuse to see that it’s ALL GONE now....knew it was ALL GONE when the GSA was signed! At that time there was a huge disappointment that lasted about two days....then the fantasy machine came back to life.
Reality: Sussman was conflicted and rolled over....it sucks, but it’s TRUE.
Get it? got it?
Good!
Exactly what I thought.
Beautiful! ...that’s my sarcasm for the day.
Oh well...mikee got paid...it’s all good! ...there I go again
“We never really had any choice, it was either we released and receive a distribution, or not release and receive nothing.”
Susman had a choice.
I only, sometimes, wonder why he made the decision that he made.
“We” had a “colorable claim”
...so......WHY...did “we” rollover and play dead?
Was he worried it would take to long to litigate?
LoL!
Was he worried they’d pass a plan without “us”?
I’m sure they would have, but it would have been without the releases. <-This would have left the door open to litigate this ALL the way it should have been.
Then again, sometimes, I just know “why”.
...oh well...it’s only money.
Ya know...I had been against this “effort” at the beginning of it...then I flipped and kind of was hoping she would prevail, based entirely on the principle of the matter. It just stinks imo that Rosen and the rest of the connected crowd just get away with whatever they please in front of a federal judge...
...but the three million dollar demand from AG is just NOT acceptable! This is truly an UNBELIEVABLE attempt at self enrichment. I hope she loses and gets the bill for all this time wasting.
She’s no better than them! Disgusting.
Yes, the answer is no.
However, breach of fiduciary duty by the principal players in this morass...
...that’s a different story...:
http://www.americanbar.org/groups/business_law/publications/blt/2014/05/delaware_insider/
Good morning Cowboy!
...this one’s for you:
http//www.youtube.com/watch?v=gUcisIlT7sM
Have a great weekend my friend...we’re getting closer to closure every day.
No they don’t, but...they did it for themselves...with the intention of canceling all “equity” if the need ever arose...
...however, they got CAUGHT...and failed to cut us loose.
Hope so too.
...but I wouldn’t be surprised if they found some insane reason to torture us a few more years.
Thank you goodietime, that is the correct information.
Bob! ...you know better than this!
That’s just plain bad information.
Not at all correct.
Yessir! Pin it to win it!
W F O!
“and the pps will reflect that prosperity when it's allowed to by the controlling HF's.”
Stock manipulation is illegal! When do the big players in this saga STOP breaking the laws!?
They’ve diluted us nearly out of existence and still it’s not enough... I get the feeling they want every last share from every last one of us before anything significant is “allowed” to happen with the pps.
I’ve got news for them, not going to happen. Mine and I’m sure several others here would rather hold for generations than give in to these crooks.
That typo has been there since the beginning.
...this might surprise you, but the document was hastily prepared.
He should.
“If the WaMu equity holders win their “sweeping” request for documents, an FDIC lawyer told the court Thursday, “this case isn’t getting confirmed for years.””
And it wasn’t.
...and still remains “open”...
smh
Sounds like a bunch of unnecessary MILKING to me!
I mean really now...why in the world has it taken seven plus years and counting to wrap this up?
This nonsense about the “employee claims” should have never taken this long to address. None of it should have taken this long.
Btw, does anyone have a running total on fees billed to the estate to date?
For what?
It should have been successful, and would have been if Mary had followed the law and kept within her bounds.
...Crickets...
You might be fullabeans...
...but ya ain’t lyin’ or wrong.
Happy INDEPENDENCE DAY Bob!
I wish this were true lodas...
...but, MW and his Southard sidekick found other ways to get paid...long long ago.
It IS limited to briBri having asserted latches as an affirmative defense, either in his brief or in session during the objection hearing. He did neither.
OOOPPS!
...You lose! PinkSocksPreppie!