Friday, February 13, 2009

Recent development...

Cosmo is before the Court today in regard to what is called an “excusable delay of time”. In a criminal case the government has typically 30 days to file a complaint or indictment on a defendant arrested.
This excusable delay allows the this time to be expanded.

Typically this delay is to allow for discussions of resolutions or a plea deal to avoid trial. You should understand that any plea deal has no impact on the trustees efforts to gather up assets for distribution to the victims. All of these cases are separate and handled as such.

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