News Focus
News Focus
icon url

free_man_n_paris

09/15/09 10:09 AM

#24828 RE: Lebaneseproud #24826

Leb,
I don't post here anymore as I am out of MOSH, but agree entirely with your assessment.
I have always had great respect for you as someone who has in turn always been respectful to others, and you should pride yourself in that.
All the best to you and the others here. I hope the auction reaps surprisingly high rewards for you and the others still in.

Free man
icon url

Bourbon_on_my_cornflakes

09/15/09 11:28 AM

#24829 RE: Lebaneseproud #24826

It's amazing that the plaintiffs sued, claiming to represent the trust, then cut a deal that screws unitholders to their personal benefit, then sent us a bill for this "service".

The trustee defended itself with our money, then cut a deal with the plantiffs to remove themselves from liability to ALL unitholders, then sent us a bill for this "service".

The judge said that any settlement must benefit all unitholders, then ignored Texas trust law and intervenor appeals, and approved a self-dealing settlement between the plaintiffs and defendants that screws unitholders, then approved a huge attorney fee for this "service".

So in the end, the unitholder got "serviced" royally. And the US legal system offered up "service" instead of "justice".