Quote from: repentance on August 29, 2012, 10:31:39 PM

Quote from: tseale on August 29, 2012, 09:40:51 PM

I too hoped things would be further along by now. The lawyers are looking at skipping receivership and proceeding directly to liquidation. This is intended to save time but nothing in the legal world is fast by bitcoin standards. With luck, the Court will approve a liquidator in September.

This is good news. From what you've said, there's nothing to be gained by going through receivership if Wendon is intending to make its recovered entitlements available to all creditors. It's ridiculous that you've been forced into the situation of requiring court approval for liquidation, though. Agreement by the general partners to wind up the partnership in voluntary liquidation would have made this process a lot faster and less costly.

I don't understand why they're being so obstructive. I mean, they're almost being maliciously obstructive. I just don't get it. I will never trust any of those guys ever again and intend to stay as far away as possible from anything they're involved in.