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Thursday, June 20, 2019 9:13:15 AM
The BNYM will take the case, if a holder goes thru the proper procedures to inform them in writing, per an email to me.
Had the ECAPS' General Partner of the five partnerships, stayed alive throughout the confirmation process, as opposed to being terminated by LBHI from June 2010 to February 2017, there would have been tons of information in the dockets for us to read on the ECAPS struggle to take advantage of the June 9, 2005 Board of Directors' General Guaranty [BODs]. Thus, giving us a wider window of opportunity to have purchased our CTs with full knowledge of the BODs' General Guaranty. So the die has been cast for the plan that we have today.
The ECAPS' and CTs' rights were concealed throughtout the confirmation process to get a plan passed by Judge Peck.
The existing power structure is not going to share the cash. We must roll with the existing plan. My take is that Judge Chapman is under a great deal of stress. That is a very nasty job! She took the liberty to explain that she does not always rule in favor of the debtors. This is a sign that there is an internal power or Jurisdiction struggle for some cases, such as the LBL PWC clawback case.
"Jurisdiction
Jurisdiction is the practical authority granted to a legal body to administer justice within a defined field of responsibility, e.g., Michigan tax law. In federations like the United States, areas of jurisdiction apply to local, state, and federal levels; e.g. the court has jurisdiction to apply federal law. Wikipedia"
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"The Law Dictionary
Featuring Black's Law Dictionary Free Online Legal Dictionary 2nd Ed.
What is CONCEALMENT?
The improper suppression or disguising of a fact, circumstance, or qualification which rests within the knowledge of one only of the parties to a contract, but which ought in fairness and good faith to be communicated to the other, whereby the party so concealing draws the other into an engagement which lie would not make but for his ignorance of the fact concealed. A neglect to communicate that which a party knows, and ought to communicate, is called a “concealment.” Civ. Code Cal."
https://thelawdictionary.org/concealment/
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Mr. Fail (the Plan Administrator) called Rex and said that our Pro se case is respected!
This is not a look back at the case. This is a look forward! LOL
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