Class Action Court’s Final Approval of Pending Ed Okun Settlements October 7

Notice of disclosure: I am not an attorney nor am I part of the proceedings in this case. Please perform your own due diligence when looking for dates, times, and announcements on the Ed Okun case. If you reference Gearld McHale’s blog (link below) you will find all appropriate information.

The Ed Okun 1031 Tax Group proceedings continue as the restitution news continues to it’s conclusion. Trustee Gerald Mchale’s newsletter #16 contains  the following notice:

“In major procedural areas, the bankruptcy court has set hearings (i) on approval of the disclosure statement for August 13, and (ii) confirmation of the Plan for October 7.  The class action court will hold a hearing on final approval of the pending settlements, and certification of the class for purposes of approving those settlements, on October 7 as well. This will hopefully lead to the ability to make distributions during the calendar year 2009 if these proceedings are successfully concluded.”

Date #1 August 13: Approval of Disclosure Statement

The bankruptcy court has set hearings (i) on approval of the disclosure statement for August 13.

Date #2 October 7: Hearing Final Approval of Pending Settlements

The class action court will hold a hearing on final approval of the pending settlements, and certification of the class for purposes of approving those settlements, on October 7 as well.


The Summer of Our Discontent: Eight is Enough

Chicago Post-Tribune published this deansguide article 7-18-09

The summer of 2009 may go down as one of the most memorable times for the loss of so many influential people. Many would argue that the list of people who have passed away this summer is less than memorable. Yet we all have our favorites and what we value. One man’s trash is another man’s treasure. For me, a complete fanatic of social pop culture, these people mark times and memories in my life. The people who were my peers remind me of my own vulnerability to the inevitable. With each loss, we should remember and honor in the best way possible. In no particular order:

1. Farrah Fawcet: Iconic super model actress of the 1970’s spawned an entire hairstyle and look

2. Walter Cronkite: The  greatest newsman anchor who ever slipped on a microphone–period!

3. Michael Jackson: Greatest dancer, R&B singer, creative talent of my generation

4. Steve McNair: Crushing the myth of the black QB with NFL excellence

5. Ed McMahon: The Alltime 2nd banana

6. Arturo Gatti: Known for his two guns smokin style of brawling, Gatti gave his heart and soul to boxing

7. Karl Malden: A San Francisco institution right “Stevie Boy?” Streets of San Francisco loved Karl

8. Billy Mays: Pop culture pitchman, too loud but extremely sucessful in getting our attention even with the volume off!

Cronkite, Walter Jackson, Michael Fawcett, Farrah