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rmanton

07/12/10 2:15 PM

#2063 RE: philipmax #2058

Thanks for posting this ... helps.

I know this is not a legal argument but common sense dictates that the benefits of the LTW flow to the current holder(s)so filing claims for "X" number of shares as of a specific date seems "silly."

When we get a positive ruling there should be a date specified in that ruling that the award is as of a specific date no different than when a dividend is declared. If you buy or sell after the "ex date", there is no dividend but if you owned it on the declared date ... you get your share of the $400MM less 15% and expenses.

R