Maybe I’m paranoid but it looks like (to me) after reading:
Class Representatives' Reply to Objections to Motion for Approval of Settlement Resolving Adversary Proceeding Between Debtors and Class Representatives for the LTW Holders
Filed by our Class Attorney
that all along and up to and including the trial the wonderful Art Steinberg and Rosen were carry out a charade knowing full well that they would be paid their huge legal fees and each, not tread on JPM’s new stolen Bounty.
Steinberg did not argue all the possible challenges to recover the LTG holder’s award (because he was also working for JPM),
It appears that the Plaintiffs' Council - KING & SPALDING - is agreeing there is a conflict of interest and refused to litigate against JPMC.
And Rosen never made the argument that the debtors should not pay up to the LTG holders (they never got the money, JPM did); follow the money with your claim Art!
It also appears Steinberg did not give proper representation to his immediate clients
Axicon Partners, LLC, Blackwell Capital Partners, LLC, Brennus Fund Limited, Costa
Brava Partnership III, LLP, Nantahala Capital Partners, LP (“Nantahala”) and Sonterra CapitalMaster Fund, Ltd. (collectively, the “Class Representatives”),
who held 18% of the warrant (more than 18 million warrants), boy did they get screwed
and the rest of us LTG holders as well.
Malpractice?? What the h-ll went down here!
