InvestorsHub Logo
Followers 241
Posts 12069
Boards Moderated 0
Alias Born 04/05/2009

Re: Enterprising Investor post# 156

Saturday, 11/30/2013 8:24:22 PM

Saturday, November 30, 2013 8:24:22 PM

Post# of 386
Joel I. Sher, Chapter 11 Trustee for TMST, Inc. v. JPMorgan Chase Funding, Inc., et al., United States Bankruptcy Court for the District of Maryland, Adversary Proceeding Case No. 11-0340

1. On Thursday, October 10, 2013, counsel for all Parties and their respective representatives attended a mediation of this Adversary Proceeding conducted by the Hon. Ralph R. Mabey in New York.

2. The mediation was unsuccessful and the Mediator concluded the mediation.

3. After consulting with the Defendants and the Mediator, the Trustee believes that further mediation at this time will not be fruitful.

40. Although the Mediator concluded the mediation for present purposes, the Mediator addressed the possibility of revisiting mediation at the appropriate time. Based on conversations between the Mediator and the Trustee, the Trustee further believes that, subject to the Court’s ruling on the pending motions to dismiss, the Court should schedule a status conference to address, inter alia, the benefits of a further mediation session.

Source: PACER [Docket 70]

"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.