RE:Lawyer.... victimapre.... $$$.....SGordon wrote: Hi,
I do not yet mail the cheques to the lawyers... My concern is are they just look to the CCAA filed and if they don't see anything wrong, they will say everything is correct and we will losse our money again (8000$-10000$)...??
And my other concern is with the last post of "victimapre" about some investigation/fraud on Pacific or some members of Pacific.... Can we see something come out of this for us (ex shareholders) and can be benefit for us or for a "free" Class Action???
I don't know what to do and I don't want peoples who send me money, against me if nothing work with the lawyer...!?
Tell me what you (all) think about it??
Thanks.
I think all claims against the former Pacific E & P have been extinguished after CCAA and restructuring is completed. The law is clear that Class Action does not trump CCAA and shareholders have no standing to sue. So, any new lawsuits - post-CCAA - will have to be filed against 3rd parties such as former Directors under their liability Insurance, banks and securities dealers and public accountants for negligence provided FRAUD is proved.