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rramirez82

07/15/10 6:48 PM

#221596 RE: JMac9 #221594

Damages are only awarded upon judgment - which means the case must go through trial. Damages are awarded by the court, but settlement is reached by the parties. In my opinion, this case will never get to trial because it will be settled beforehand - and the motivating factor for settlement is JPM/FDIC's reluctance to reveal the skeletons in their respective closets by virtue of discovery, depositions and/or an examiner's investigation.

I hope that clarifies it for you.