No offense taken MrchntDeth -- I definitely don't claim to be a lawyer. From sitting on this thing for over 2 years now, I have come to an undeniable conclusion that Rosen and Susman both have a reputation as being among the best of the best.
Someone has to win this case, whether from a "verdict" from JMW approving a POR in whcih we get nothing, or one in which we do. IMO, nothing has happened factually which indicates we will be in the money. The only POR that made it as far as confirmation did not include us. While it was denied, the road is still very long for us to get something.
Obviously Susman is doing the depositions with the goal of uncovering something that will get the commons in the money. Common sense says that a lot of things were done that were not legal/ethical in this case. Can Susman prove anything? I sure hope so. Why does he want the deposition sealed? Is it because something can be used from it that may cause the public harm? I honestly don't know. I just feel that the deck is still stacked against us. I also don't know the long term effect of sealing a document. If it prevents us from making certain moves in the future, I am not for it. I for one want all options to be as open as possible.
Hoffman may not have been game changer for us, but Thoma sure has been. I believe in getting involved to the extent of being useful, not a burden for the EC team. Look at the the objections filed by shareholders and those that actually spoke in court. They have had an effect on this case.
I honestly don't know the effects of what happened yesterday. I don't think any of us do yet. I know that most of us were expecting a settlement by Friday. Today, while that could still happen seems less likely. I will wait as long as needed to get paid, but I do want paid. Whether or not, I like Susman, I still have to hope he wins this case.
