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Re: None

Tuesday, 10/27/2015 10:00:19 AM

Tuesday, October 27, 2015 10:00:19 AM

Post# of 736022
Now I have heard everything, some folks on this board actually believe that Weil, Gotshal & Manges are representing escrow holders, wow. Also, like I said for a long time, Susman is long gone and has not billed in years and has not been retained.

Do the escrow dd'ers still believe the waterfall will reach p's and q's. You have an examiner representing the estate and defacto representing p's and q's making claim that it is very unlikely p's will see any monies and q's are definitely out of the money based on the examiner report.

As with 99% of all bk's, the waterfall will stop above equity. It's just the way it is peeps, always has been.

The one thing I would still like evidence of, per some very knowledgeable posters, if only 50 mil is left to be paid to piers, that would mean that 875 million has already been paid to them. I just don't recall that much being returned, but I'm probably wrong on this point. Any definitive clarification would be appreciated.

NO LAWSUIT FILED, NO CHANCE FOR ESCROWS.

all imo
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