Dime Bancorp Inc (fka DIMEQ)

[jmbell42]

Linda,

If I'm not mistaken, the GSA indicates that the Anchor litigation was transferred via a 363 transaction, which effectively strips our claims from the Anchor Litigation. Moreover, the judge just confirmed that this was the case, since her opinion stated that we effectively had no claim to the Anchor litigation proceeds.

I'm not sure if it precludes us from entering the on-going proceedings before Judge Block, but I think that the ruling in this court suggests that JPM and/or the FDIC might be able to reference the opinion to have our claims summarily dismissed.

This is merely my conjecture... I don't honestly know. Wall_street, Grudge, Merchant, and Bluzie collectively have way more knowledge about these things than I do.

I remain hopeful that some positive developments will occur, however, along the lines of an appeal or a intervention into Judge Block's court case.

Best,

Jared