InvestorsHub Logo
Followers 148
Posts 11150
Boards Moderated 0
Alias Born 06/30/2005

Re: clawmann post# 189132

Tuesday, 10/13/2009 9:43:15 AM

Tuesday, October 13, 2009 9:43:15 AM

Post# of 326388
Nothing new on Pacer as of this morning at 9:30.

I will repeat the possibilities listed in the post of yesterday that I am responsding to with some additional notes in italics.

1. If the judge signed off on a proposed settlement agreement on Friday, I would expect that event to be PR'd today (maybe tomorrow). This possibility is fast becoming less and less likely.

2. If a proposed settlement agreement has been previously submitted to the judge, and there was a hearing about it (probably in chambers) on Friday, but the judge did not sign off at that hearing, the parties have to wait until the judge has decided whether or not to sign off before saying anything. Some possibility, but becoming less and less likely.

3. If a proposed settlement agreement was submitted to the judge on Friday, nothing about it will show up on Pacer, and there will be no PR, until the judge has signed off, which could take up to two weeks, possibly three. Still a strong possibility.

4. If settlement talks have failed, and litigation docs were submitted on Friday, I would expect those to show up on Pacer tomorrow (because today is a holiday). No PR if this is the case. Nothing new on Pacer by the end of today, and this possibility quickly begins to become less and less likely. Unlike those faxed extension letters, litigation docs should appear on Pacer rather quickly.

5. If another extension request was faxed to the judge on Friday, we won't see that on Pacer until a day or two after the judge has signed off on the request. That could mean it might not show up on Pacer until Friday. No PR if this is the case. Still a possibility, I guess; but another extension request? Judge might not be very receptive and the parties know it. So I give this possibility a low probability..


Any legal analysis I post is not a formal legal opinion and may not be relied on by anyone for any purpose. If you want legal advice you can rely on, hire a lawyer.