THIS JUST CONFIRMED:
After months of after-trial wrangling behind the scenes and a scathing letter from Judge Alsup, it looks like we’re now at the final stages of seeing those checks in the mail. But unfortunately not until late February 2010. We just got off the phone with the folks over at Garden City Group in Seattle and they’ve informed us that everyone who was listed in the GLA List should be receiving a letter in the next week or so with details on finalizing your claim (click HERE to go to an earlier post to confirm if your name is on that list and to read Judge Alsup’s final remarks). You’ll need to provide them basic information such as confirming your contact information, as well as providing taxpayer information (Social Security Number etc.). As an added precaution, you might consider mailing your paperwork via USPS Certified Mail with a return receipt so you know they received your paperwork on time. And making a photocopy of the paperwork for your files might not be a bad idea either.
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New Preliminary Order Approving Settlement Proposal
Two heads are better than one and more players’ eyes reading this preliminary order are better than just a few lawyers. We’re hoping that the new order just filed on Tuesday will eliminate some of the one-sided language of the earlier proposed settlement draft (among other things, the original proposed settlement had language inserted to quash any future litigation by recipients of the settlement! Click HERE to view all of those documents in an earlier post). Also note the proposed time line for sending in comments and objections as well as the new payout schedule on Page 4. Things are now pushed out to November.
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We’re just simply going to post an order from Judge Alsup that was sent out on Aug. 7, 2009 and the answer from Bernie Parrish filed after that. Bernie informs us that in no way is he trying to hold up or stop the settlement from getting into the hands of the retired players. His concerns have been with some of the terms in the settlement agreement and the way in which it was written and proposed. We’ve never quite understood why documents coming out of Manatt, Phelps & Phillips LLP kept omitting Bernie Parrish’s name from all court filings and orders when Bernie was clearly always the original lead plaintiff (even as Kessler & Co. continued to do so right through the proposed settlement documents). (Click on each page to enlarge for easier reading.)
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