If JPM doesn't appeal it has to obey the bankruptcy judge's order/instructions to turnover the money to the registry of the court or the holding company. The fact that the fdic appeals doesn't excuse JPM from following the order, and if JPM appeals the holding company can probably make them post a 4 billion bond to proceed with the appeal. But who cares about an appeal....JPM STIPULATED that the 4 billion was the holding company's. Frivolous appeal imho.
I think that if the judge rules in WAMU`s favor as expected the motion for appel is ready and will be handed in. The court will most likly take control of the funds and place in a trust pending the appeal.
It depends on how strong her judicial arguments are in her decision. If she presents a well grounded, constitutional and legally strong worded decision then the appeal will be a none issue.
The Appellate Judge will look at her arguments and basically punt it back to her or uphold her decision.
Looking at her previous decisions she love to write lots of pages. I hope she does the same here.
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