Posted by ASDUpdates on February 10th, 2013
I would have thought that there would have been some response from the folks over at Zteambiz, after all, they were trying to get their own personal attorney appointed as Examiner. Somehow, they say no conflict of interest or recognized an inherent inability to serve both net winners” and “net losers” equally. But then, they had their own motives and agendas when they filed that Motion.
After the latest call with Robert Craddock, he admitted to owing Michael Quilling around $20k and was open to taking in yet more donations to fund the lawyers who represent only a small number of people. Had the Examiner Motion passed muster, Quilling’s legal fees would have been paid from the Receivership estate. I can see the motivation there, at least from a fee standpoint. Judge Mullen saw through the filing, and wisely denied it.
Next is the disposition of the Motion to Intervene and Dissolve the Receivership, brought by Trudy Gilmond and Kellie King. I have a feeling that it will also be denied and go to Appeals, just as their attorney Mr. Sorkin mentioned in his last conference call.
The legal “boulder” is rolling down the hill and gaining speed; I doubt these filings will slow it down appreciably. The claw backs are coming and they know it. Why not just give the money back and avoid all these legal fees?? I guess they are too busy getting the next scheme going. Zeek had barely cooled off before they were courting another Ponzi scheme.