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Thursday, August 26, 2010 4:31:57 PM
THJMW delayed (sub judice) her decision on the Summary Judgement for the 4.4 Billion deposits that WMI has in JPM accounts. Weil used the premise of the Global Settlement as their catalyst for delaying and shelving her decision. It is now known that the GS will expire on Aug 30. After that any party to the case has the right to ask THJMW to render her decision on the expensive briefed and argued Summary Judgement. I say we ask her for it..
We act as a group of shareholders who have joined together to request the decision. We ask our EC to ask for the decision or we do so in court letters. We put the bug in the ear of Nelson and Susman, we want that decision, because it potentially along with the IRS refunds (5.2 Billion settled) will put A>L and allow Susman to initiate CRAMDOWN hearings, therefore paying off the creditors and taking their ability to vote on the POR and purchase the new stock in the reorganized WMI. We need to ask for the decision.. Somehow !!! We will also get the Case trustee, because Weil and A&M have breached their fiduciary duty to the estate, along with the current BOD who tried to give it all away for nothing..
What say YOU ???
~Fish~
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