Dime Bancorp Inc (fka DIMEQ)

[linda1]

As I understand it - once Judge Block assigns ownership of the Anchor Litigation only the DIMEQ LTW Holders who did not opt in would be free to file a lawsuit against JPM/or Dept of Justice to recover 85 % of the Award.


Our Lawyers represent only the DIMEQ LTW Holders who did not opt in.


Now if Judge Sleet - Delaware District Court - overturns Judge Walrath's Opinion on Appeal and rules that the Bankruptcy Court lacked the jurisdiction to adjudicate the Dimeq LTW Holders' Claims then I wonder how this could affect the Settlement for those LTW Holders who opted in. Would the Settlement Agreement then be challenged?


At present, I just consider the DIMEQ LTW Holders to be the investors who did not opt in and exchange their DIMEQ shares for new WMI shares.