Replies to post #7355 on Dime Bancorp Inc (fka DIMEQ)

[marty009]

Linda,
As I recall...opting in for the small settlement required signing away ALL current and future claims. That was their purpose,IMO!
Marty

[fbrutus]

It's been a long time since I was on this board but I check every once in awhile. I held a large amount of warrants in different accounts, some of which I opted in and some I did not. So I have an interest in those warrants that I did not sign releases on.

but if, as you stated in the following, occurs, and that's a big "IF"

Now if Judge Sleet - Delaware District Court - overturns Judge Walrath's Opinion on Appeal and rules that the Bankruptcy Court lacked the jurisdiction to adjudicate the Dimeq LTW Holders' Claims then I wonder how this could affect the Settlement for those LTW Holders who opted in. Would the Settlement Agreement then be challenged?

Then It would be fair and equitable to share the award between all former dimeq warrant holders and reduce the share of those who opted in by the amount of value received for signing releases. This would not be that hard to determine.

[fbrutus]

It's been a long time since I was on this board but I check every once in awhile. I held a large amount of warrants in different accounts, some of which I opted in and some I did not. So I have an interest in those warrants that I did not sign releases on.

but if, as you stated in the following, occurs, and that's a big "IF"

Now if Judge Sleet - Delaware District Court - overturns Judge Walrath's Opinion on Appeal and rules that the Bankruptcy Court lacked the jurisdiction to adjudicate the Dimeq LTW Holders' Claims then I wonder how this could affect the Settlement for those LTW Holders who opted in. Would the Settlement Agreement then be challenged?

Then It would be fair and equitable to share the award between all former dimeq warrant holders and reduce the share of those who opted in by the amount of value received for signing releases. This would not be that hard to determine.