Mesa Offshore Trust (fka MOSH)

[Steady_T]

VP ultimately you are right. If we win the case, the court will award legal fee's to the trust and JPM will have to pay it's own legal fees. Until then, JPM can use bill the legal fee's to the trust. Right or wrong that's the way it is.

It is in my mind part of the strategy to starve the trust into non existance. No doubt at the time, it seemed like a good idea to JPM and PXD. And given that it took a very strongly motivated group of unit holders to bring this action in the first place, they came close to having it work out according to plan.