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Re: climberprof post# 144022

Friday, 01/29/2010 3:03:45 PM

Friday, January 29, 2010 3:03:45 PM

Post# of 732134
The FDIC has no right to determine which creditors get priority distribution - that is the function of the bankruptcy court and the reason the automatic stay is in place.

The court is going to deny the FDIC's motion. Judge Walrath has already proven herself to be extremely methodical. I suspect a favorable summary judgment ruling will follow her denial of the FDIC's motion.

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