Friday, October 1, 2021

Small Update on the other Lawsuits

I got a short update from the lawyer who’s litigating on behalf of the trustee against the various law firms. Very brief, but the update was the firms he is suing (on your behalf) are wrangling about “Jurisdiction issues”, i.e. what court is the proper venue to hear the case.

Pretty normal stalling tactics I’m guessing. He’s expecting all these preliminary motions will be settled in early 2022. Once those pre-issues are dealt with a trial date will be set; that’s when the case heads to mediation to get settled.

My guess is there is zero chance any of these suits ever see the inside of court room – way too much risk for the firms being sued to venture an actual trial. BUT real settlement talks won’t start until there’s a hard trial date set by the trial court.



source https://gregandersonlessonslearned.me/2021/10/01/small-update-on-the-other-lawsuits/

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