8/19/12

Appeal and liquidation


This is an update on the Global One case.  The properties are still in the process of being liquidated.  Unfortunately, since Rick Young filed an appeal, proceeds are not able to be released until the appeal is finalized.  The appeals process is sometimes lengthy.  Currently, the briefs are due to be filed by November 21, 2012.  Once the last brief is filed, it normally takes about six months to get the decision from the appellate court.