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Re: hotmeat post# 534779

Thursday, 08/23/2018 10:26:32 AM

Thursday, August 23, 2018 10:26:32 AM

Post# of 749756
The way I read Sleet's ruling is that neither the LT or the employees have the right to challenge the FDIC's interpretation of the regulation that a LT is a covered company. So it would seem to me that the FDIC decision is binding on the bankruptcy court i.e. that it is against federal law to pay such claims. That should be the basis of a summary judgment at this time by the LT imo.

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