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Re: mehedi post# 100747

Wednesday, 09/23/2009 4:42:34 PM

Wednesday, September 23, 2009 4:42:34 PM

Post# of 733413
Thats the reason JPM filed its Notice of Divestiture of Jurisdiction. Its looking to stay the bankruptcy proceedings pending a decision on JPM's Motion for Leave to Appeal. This was obviously a strategic (albeit desperate) move to buy more time as well as a temporary shield from adverse rulings from Judge Walrath. I'm curious to see how Judge Walrath will address this on Friday.

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