Friday, September 24, 2010 2:04:13 PM
Resolution of the issues raised in the bankruptcy proceeding, on the other hand, will to some extent determine who will end up with ownership of the shares. Will it be Kidd and wife as the result of an exemption? A creditor holding a judicial lien against the account? We will have to wait and see how the bankruptcy plays out before we will know for sure. If Kidd loses on his attempt to claim the account as exempt, he may even decide to drop the bankruptcy and continue fighting creditors in state court. Who knows?
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