InvestorsHub Logo
Followers 3
Posts 191
Boards Moderated 0
Alias Born 06/24/2005

Re: CDrucker post# 397

Tuesday, 08/01/2006 3:31:51 PM

Tuesday, August 01, 2006 3:31:51 PM

Post# of 8307
CD,

1. Only expectancy is left; $960M worth. judge threw out the rest. But what's signficant about ours is the method behind lost profit cacluation. we know courts have ruled against any speculative claims -such as lost goodwill could have been levereaged, or invested, for profit. dimez is demonstrating real lost, ie had to sell off assets. one other bank with a similar type of claim won.
I think it is taking this long due to the size of the claim. Bluebonett closed only several weeks after their closing argument adn the award was only $30M.we have potential for $900M award. read the details of the claims and judge for yourself if they are speculative or not. i personally think we'll get a minimum of $260M. see my eariler post for my rationale. but could be zero as well.

3. correct.

4. i hear a motion and counter motion citing previous cases but would like to know as well. i htink you can go to the courthouse and look it up.


read post 337.

Join the InvestorsHub Community

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.