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Bullboard - Stock Discussion Forum Puda Coal Inc PUDA

Puda Coal, Inc. (Puda) is a supplier of high-grade metallurgical coking coal to the industrial sector in the People’s Republic of China (the PRC or China). Its processed coking coal is primarily purchased by coke and steel producers for the purpose of making the coke required for the steel manufacturing process. Puda’s operations are conducted by Shanxi Puda Coal Group Co., Ltd (Shanxi Coal... see more

GREY:PUDA - Post Discussion

Puda Coal Inc > Just a short report on recent court filings...
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Post by coldheat on Dec 16, 2014 9:17pm

Just a short report on recent court filings...

The court has admitted Juan P. Morillo Firm Name: Quinn Emanuel Urquhart & Sullivan, LLP to represent Ming Zhao in future proceedings.. In addition to this the lead plaintiffs have asked for a compelled deposition of the corporate attorney for Morrison and Foerster, who apparently served as attorney for Macquarie Capital during the due diligence phase of the offering of Puda Coal Inc. In reading these submissions thus far, the parties (lead plaintiffs and Morrison Foerster have not come to agreement on a date or time. It seems to me the purpose of this, at this late stage, appears to be a fishing trip to strengthen the lead plaintiffs case arguments ahead of the mediation attempt with all parties and Ming Zhao, scheduled for the second week of February, 2015.
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