Recap and question:
In 2002 the court ruled in favor of Anchor on the four assisted mergers (Suburban, Crisp, Peachtree & Sun) and aganist unassisted (Heritage, TriCity, United, and Standard).
As a result, Anchor filed a series of damages related to the above.
The government then filed motions for summary judgement, basically throw out the damage claims. In 2003 the court granted on some and ruled in favor of Anchor on other claims - expectancy, gross-up, and wounded bank - worth approximately $970M. However, there was no diagreemetn on and the defendant didn't challenge the restitution damage. ANYONE HAVE ANY INFORMATION ON THIS RESITUTION DAMAGE? THIS WAS NOT FACTORED IN ANY OF MY PREVIOUS PPS CALCULATIONS.
In 2004 the court ruled on the government and anchor's separate motions for summary judgement - ruled agasint them - bascially keeping the intital 2002 court ruling intact as well as the summary judgemets in 2003. ALSO, THE COURT ADMONISHED THE US GOVERMENT FOR not operating in good faith and dragging this along. I guess this is a good sign. So, the $970M plus the restitution damage, current not known to me, moves on.
Anyone have any information on what occurred in said "trial" which ended in 2005?
