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buxmaker

01/31/08 3:20 PM

#5369 RE: saigai #5366

I was writing about PXD and Woodside. Unitholders can not sue them, only the trustee and the trustee has stated they are staying on and have declined to pursue the claims.

The intervenors can sue JPM, and perhaps they will.

But something must be done soon to avoid the summary judgement against PXD and Woodside.

And to provide funding to the trust and payoff JPM.

BUX
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OTC BB King

01/31/08 3:21 PM

#5370 RE: saigai #5366

The Trustee's fiduciary responsibility is to look after and pursue the best interests of the Trust and therefore the beneficiaries. Bottom line, end of story.