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Re: newflow post# 453239

Tuesday, 06/07/2016 4:58:55 PM

Tuesday, June 07, 2016 4:58:55 PM

Post# of 730364
The Anchor litigation along with the other 363 assets were sold free and clear of all liens and encumbrances. Perhaps under the terms of the 363 sale the liquidating trust would be required to indemnify jpm for any losses caused by this state court litigation contesting jpm's right to such proceeds. Hence the dismissal of such state court proceedings would indeed be in the best interest of the liq trust because it would save expenses in clearing the title for jpm.
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