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mordicai

11/13/09 3:51 PM

#120258 RE: uzualsuzpect #120253

Well then I will say some more. It doesn't bother me that the judge is taking her time. It tells me she is ruling for the holding company. Otherwise, she would have already issued her ruling " motion for summary judgment for the turnover is denied". She would not state anything more, because she doesn't want to make any factual findings, nor does she want to make any statements that could be construed as "law of the case". She would just issue a simple statement of denial and schedule the matter for hearing. Denial of a summary judgment is not a final judgment and is not appealable by the holding company. The Holding company would have to wait for her final judgment after the hearing if she ruled against the holding company. On the otherhand, granting the summary judgment requires her to state her factual findings and her reasoning. Now when she grants the summary judgment, that takes a 4 billion bargaining chip off the table imho. It also establishes that the fdic made a mistake... which just could make people take notice.