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Dumerthanmost

12/10/10 10:21 AM

#2769 RE: philipmax #2768

I don't think the judge has the power to move the obligation to JPM. The reason the Plaintiff attorneys are arguing we are creditors is as follows: To use the car analogy, if the new owner of the house took the antique car and sold it, then our claim would be a claim for damages against the guy who sold the car e.g., we are a creditor of that guy).

BTW, I have been considering writing something similar for a while. Thanks for actually doing it.