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hotmeat

09/07/15 4:37 PM

#434593 RE: tcr7309 #434573

"That pays seniors, jr's get zero, escrows get zero, rosen keeps billing until 2018 and says, no more assets, waterfall stops above jrs and escrows,"

The last two words in your post, all imo, sums up that statement perfectly.

As for suits, the only post emergence suit I am aware of was the $500 million suit by susman against the D&O. I am unaware of the present status of this suit. Just because there aren't any filed now, does that mean there will never be? I don't think the process works that way at all.
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Jestiron

09/07/15 10:01 PM

#434602 RE: tcr7309 #434573

Any judge would simply rule that the claims are not ripe.

The FDIC has holding company assets in order to close claims against the seized banks (beyond the liabilities taken by JPMC). Only once these claims against the bank and bank subsidiaries are closed (and holding company assets used to pay these claims) would ANY judge or any lawyer need to proceed with any actions.

They wait....We wait...

Jest