Replies to post #906 on United Development Funding IV fka UDFI

[Phaedrus77]

It’ll be interesting to see what other sanctions are imposed. #36 in the filing is basically left as a TBD. I imagine Bass will have to post something on his website regarding this (since he sent out an email blast announcing the original motion). I’m looking forward to that email...

[Phaedrus77]

Final order on sanctions was filed today. UDF received its legal fees of $256k and the judge added an additional $100k for total sanctions of $356k.