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InfamousMP

01/07/10 12:27 PM

#134120 RE: thepennyguy #134101

You got to look at this from the big picture. Weil does not represent the shareholders. They are working in behalf of WMI's best interest. The curve ball in this is the fact that settlement talks have lead to a US Trustee stepping in. The question is will THJMW allow WMI to reorganize while canceling the Equity. IMO no. A motion to dissolve the EC will be denied especially there is any indication of a huge settlement without consideration to the Equity.
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bluebird50

01/07/10 12:32 PM

#134126 RE: thepennyguy #134101

Its just the predator nature of a lawyer.....