Above is the title of the 2019 article describing the various lawsuits that the Trustee filed back in 2019. I spoke to Skip Miller late last year for some updates on these efforts. He was very positive, describing that a) the courts were more/less shut down all of 2020 due to Covid so progress was very modest for a year; and b) that the preliminary typical motions over ‘proper venue’ & normal motions asking for the judge to just dismiss the suit are all concluding late Spring of ’22.
Once that phase is behind us, then the courts will “set a trial date”. That’s when the $$$ negotiations will start. My guess is most of these firms/lawyers all have errors and omissions insurance policies. Once that trial date is set, the E&O policies will take over and drive most of the early negotiations toward a resolution. They will generally take over the settlement negotiations ahead of the actual defendants in many cases to try to limit and box in exposure dollar amounts.
Below is a link to this 2019 article if you want to read it.
https://apnews.com/press-release/pr-businesswire/70be58c2631b4a3a9ca71999c9adcd4a
Here’s a link to the actual legal complaint – it made me sick reading it.
https://mms.businesswire.com/media/20191203005669/en/760215/1/Complaint_-_Woodbridge.pdf?download=1
Mr. Anderson , again Thanks so much for keeping us informed, if not for you I would not have any idea of what was going on. Please keep the info coming. Danny Carney
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Thanks Greg, I hope they all go down !!
Thanks
Christopher Ruggiero Ruggiero General Contractors
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Thanks Greg for the information. Keeping my fingers crossed that we can recoup most of the money that we lost.Kev
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Thank you, Greg
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Thanks Greg
When do you think this whole thing will be settled so we can finally get our money back
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best guess is 1 year from now Big
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Thank you GREG FOR YOUR CONTUING UPDATES! We would be so lost without them!
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The depth of deception, greed and deceit by Shapiro and his attorneys is mind boggling.
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thanks greg
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thanks greg
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