A debtor lawyer seems to think its ripe right now. But seeing how Bill Brasky doesn't think it is (stupid lawyer and all) I guess we'll have to wait.
My tax attorney thinks it isn't. Did you catch the part where the judge said this had been going on for 13 years? Maybe he hasn't read all the documents on it.
"MR. MACLAY: Well, Your Honor, I'm a bankruptcy
9 attorney, so I'm not directly involved in the Arizona
10 action. I don't have any quibble with the general concept
11 that if things are ripe and if the legal issues are
12 appropriate it should move forward, but I'm not in a
13 position to make any representations one way or the other at
14 this time.
15 THE COURT: All right. But there were a lot of
16 caveats in that.
17 (Laugher)
18 THE COURT: I don't know what you -- what's the
19 ripeness question? Certainly there is a live dispute about
20 seniority as a result of that merger.
I would think after
21 13 years I guess one would think it's ripe for decision. Is
22 that a question about whether the Ninth Circuit still has
23 some pending issues in front of it or what's -- if you can
24 tell me what the thinking is on the ripeness question."