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Special Master recommends Orchidland receivership
#26
It would be informative to know what window of time was used by the Special Master to come up with the $600K total in unpaid fees (past 6 years, since Jul 2008, since 1992, forever, etc)

I'm pretty sure the $600K represents all unpaid fees going back to 1992, which was the inception of the mandatory fees. The Wirick group stated in their newsletter that they were going to write off everything beyond the statute of limitations.

The collection of a percentage of these fees that the “Wirick Group” was prepared to write off could cover the expense of a Court Appointed Master Receiver.

Ms. Cabral is very clearly suggesting that the statute of limitations should be ignored. Again I ask, will she be assuming all responsibility and liability for any counterclaims? Perhaps she could start with Murakami, since that is where the last round of collections left off. Or Watamull, that would be entertaining.


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RE: Special Master recommends Orchidland receivership - by My 2 cents - 12-18-2017, 07:50 PM

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