Dime Bancorp Inc (fka DIMEQ)

[linda1]

Thanks very much. It appears that the Plaintiffs' Council - KING & SPALDING - is agreeing there is a conflict of interest and refused to litigate against JPMC.




" (v) Before filing an objection to the Disclosure Statement in March

2010, Nantahala retained Schindler, Cohen and Hochman (“SCH”), one of the class counsel

herein, to analyze the Amended Agreements, including the rights of LTW holders thereunder.

SCH brought in King & Spalding (“K&S”) to analyze the bankruptcy proceedings and the

claims that could be asserted against the Debtors. K&S told SCH and Nantahala that it would not

be part of any litigation against JPMC, and it was agreed that if any claims needed to be brought

against JPMC, SCH would be the one to do so. Nantahala considered various options presented

by SCH and it was decided to bring claims against the Debtors in the Bankruptcy Court. The

opposition to the Debtors’ sixth plan, and the participation in the Broadbill declaratory judgment

emanated from that decision by Nantahala. The evolution of the Broadbill declaratory judgment

to a class action did not change the essence of the proceeding which was limited to establishing

in this Court the claims that the LTW holders had against the Debtors. "




PAGE 9 - http://www.kccllc.net/documents/0812229/0812229120130000000000001.pdf