Didn't understand the slam at AP either.  And you go Tom!  3-5 years 
of bankrupcy litigation wouldn't make buying a unit right before the 
election a good investment.  I'd have asked for the same clause.




--- In AsburyPark@yahoogroups.com, "bluebishop82" 
<[EMAIL PROTECTED]> wrote:
> Nice backtrack.  Now you're just projecting your lack of 
> understanding on to me.  My original post made no mention of the 
> bankruptcy clause.  It was your original post that tried to make 
it 
> seem the redevelopment rights would stay clear of the bankruptcy 
> court (that was the point of your post), which you clearly concede 
> now that it won't. 
> 
> As for your assertion that the lawyers you work with 
> aren't "practicing in AP" (as if that is beneath them), well, 
that's 
> just you pointing out again your disdain for people from Asbury 
Park 
> and this area in general, which is how we met in the first place, 
> isn't it?
> 
> As for you calling me an "ambulance chaser," when my adversary has 
> nothing left to retort with but name calling, that's when I know 
> I've won the arguement.
> 
> By the way, if you read that old triCity article, you will find I 
> never called into question your abilities in your field.  I 
wouldn't 
> do that. I made the point that I thought you would have a conflict 
> on one matter: valuing the triangle property, due to your comments 
> about (and obvious feeling toward) the parties.  Having a conflict 
> on a case is not a knock against your abilities. I've been 
> conflicted out of a number of cases for a variety of reasons.
> 
> Oh, before I forget.  There was a mistake of law in your question 
to 
> Jim Aaron - Bankruptcy Court is a court of equity, not law.
> 
> Look, you aren't outmatched in this conversation because law is my 
> field.  You're just outmatched by a guy from AP.
> 
> 
> --- In AsburyPark@yahoogroups.com, "dfsavgny" <[EMAIL PROTECTED]> 
wrote:
> > --- In AsburyPark@yahoogroups.com, "bluebishop82" 
> <[EMAIL PROTECTED]> 
> > wrote:
> > > I never said it was "no good."  I've read your bragging about 
> the 
> > > lawyers you deal with being the best there is.  Go ask one of 
> them 
> > > what proceedings you could expect from creditors if this 
> provision 
> > > is triggered.
> > 
> > 
> > Tom, there is always litigation, that's why there are lawyers. 
> You're 
> > good at sound bites but short on proof as always. I hope you go 
> into 
> > court with more than that. Say what you will but your original 
> post 
> > made it seem as if the clause was not worth the paper it was 
> written 
> > on. I am sure you are aware that any creditors would see the 
> agreement 
> > and see that the city has a reverter clause. Also, creditors 
have 
> the 
> > right to remedy any defaults but all have to be approved by the 
> city. 
> > I will defer to you on bankruptcy law. Be sure that the 
attorneys 
> I 
> > work with do not chase ambulances or practice in AP or Toms 
River. 
> In 
> > the end you are right that there will be litigation, but 
> litigation is 
> > not necessrily bad. Sometimes it is the only choice when one 
party 
> to 
> > a contract will not perform. Your rationale says that one should 
> not 
> > ask that party to perform as agreed to in the contract lest they 
> > litigate. That is my very early point about having a gun when 
they 
> > other guy knows you'll never pull the trigger. Do you know where 
> that 
> > gun will land up? You'll need a proctologist to remove it.




 
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