LG, its encouraging that a lot of talented people have been following this 12 years after the bank was seized...There is no doubt assets exist in remote bankruptcy.
The only question is does simple ownership of tracking markers (aka escrow markers) automatically guarantee payment in the near future??
or do we need to "follow up" with some sort of claim action , in addition to ownership of the markers, to identify and claim those remote bankruptcy assets?
Since retail does not have access to legal expertise like the big boys to navigate the claim process, if such a process exist, we may be jeopardizing our claim entitlement by our inaction.
I think if we do not hear anything by the end of this month, perhaps the board as a whole needs to come together and hire some legal representation to simply "investigate" if a claim process is required to go after "any remote bankruptcy assets" that exists outside of the jurisdiction of the bk court and LT. I'm not recommending we spend a lot of money for a "legal battle"....just simply paying for legal answer on the following question...
If any remote bankruptcy assets exists outside of the bk court and WMILT control, does our tracking markers entitle us to automatic return of those assets, or do we need to identify and claim those remote bk assets in addition to ownership of the tracking markers?
This is a simple question, and I would like a straight answer from either the LT, the court, or SG. I doubt we will get a straight answer to that question...I think we need this question answered if we don't hear anything by the end of this month. Otherwise, we may be jeopardizing our escrow return with our inaction.
