Posted by: mordicai Date: Thursday, December 03, 2009 2:59:44 PM
In reply to: kermit42 who wrote msg# 123579 Post # of 123668
The ruling is not being delayed for settlement negotiations period. The summary judgment was argued and submitted. Walrath can decide at anytime. I read this nonsense about the parties whispering to the judge "hey we are working on it, take your time in deciding." That would not happen. That would take the pressure off of the settlement negotiations. Remember , the holding company's attorney saying "JPM must be sweating bullets". They want to pressure JPM as much as possible . That is how settlements are reached. Moreover, in its response to the FDIC relief from the automatic stay, the holding company tactfully reminded the judge of the 3/10 deadline. The holding company wants and needs this ruling yesterday. So people stop listening to the posters who sell out of their position, and hope you buy their baloney so they can buy your shares cheaper.
investorshub.advfn.com/boards/read_msg.aspx?message_id=44160176 ---------------------------------------------
Posted by: mordicai Date: Thursday, December 03, 2009 3:42:28 PM
In reply to: wcheng who wrote msg#
123599 Post # of 123668
I am not so certain there will be anything to appeal of substance. The judge is making a factual determination if the summary judgment is granted. Factual determinations are rarely set aside on appeal. So jpm can argue on appeal that a hearing should have been held, but guess what? If jpm wins on this point, the appeals court sends it back for Walrath to make the same factual determination again. Wow, I really wonder what her second finding would be!. Add to this that a bond would have to be posted, doesn't make an appeal by JPM a certainty.
investorshub.advfn.com/boards/read_msg.aspx?message_id=44162878 An der Börse sind 2 mal 2 niemals 4, sondern 5 minus 1.
Man muß nur die Nerven haben, das minus 1 auszuhalten.