Judge Block's Anchor Litigation proceedings?
Like I stated last week (Tues.) I thought Jan 11th we would be toast, but 10 cents is a little better than toast….but not much.
Some of the other posters on this board, when discussing how Judge Block might play a role in this royal screwing had said that we could file something with his Court (maybe it was Grunge or Merchant or Wallst, I don’t remember). What exactly was it that we could file?
Question: Can we petition Blocks Ct for the difference of what we get from the BK Ct and the Litigation proceedings? For instance and argument sake, we get a total value from BK of $20 mil leaving us out $317 mil of Litigation proceedings uncollected. We petition Blocks Ct for that part of our award that is currently held in dispute. Basically settling with BK CT giving them their undeserved releases, but pursuing our claim were the money really is and recover our economic loss.
Our position is simple “It’s our money” and Judge Block understands our claim.
What do our legal friends think? Is this a possible strategy? Seems fair, but lawfully I do not have any idea?