Well, the writing is on the wall now. There will be no settlement until the end of the year. Well that makes things super clear for me. Those words are some serious go fuck yourself words. Zero hope. Shit out of luck until end of year. Shareholders treated like scum.
“ Finally, given the many significant factual issues in the case, it may be years before any action against Lowenstein Sandler, including a probable trial, is concluded. Thus, litigation would only cause further delay and inconvenience. In contrast, if the settlement is approved, not only would the potential action be concluded with finality, but the underlying bankruptcy cases can be fully administered and closed more quickly. More specifically, once the settlement is approved, only Immune's claim against the Ltd. insolvency estate in Israel would remain for disposition in the case.
Lester Certif. 4 8. Assuming the settlement is approved, the Trustee hopes to resolve this remaining matter and fully administer the estate by the end of the year. Ibid.
Accordingly, all of these factors militate in favour of approval of the settlement.‘”.
This all meaning ….. Fuck off till next year. C’mon folk. We all know that jack shit is getting done during the holidays and they need the ESH financing and all that shit to carry them through 2024 into 2025. Any ways. Summer starts today.
