0:00
to go back retroactively and do that, which is not that you've been offered.
0:08
So, I'm guessing, but not just to guess and I'm guessing we're not going to get
0:18
anything done here, I don't know that even if you drop to something like 500,000, which
0:26
I'm sure the lawyers wouldn't advise you to do it. I wouldn't advise you if I was representing you.
0:32
I don't know that that wouldn't get any traction.
0:35
So, what I'm thinking about doing, Barrett and Rian, is y'all just, y'all haven't really
0:41
talked with Lars. You've just probably exchanged emails and paper, right?
0:51
How would you guys feel if I pulled you and Lars into a separate room and the four of us
0:57
just kind of chat about this case under the mediation privilege, obviously, is that something
1:06
y'all are willing to do?
1:08
Not what you might have been able to do. I mean, I need to send a nice stream.
1:12
No. In fact, I mean, it's a very good deal. Well, I told him that, and I'm sure this
1:19
is not out of school, that y'all are going to go take depositions. You're going to take
1:23
health depositions, you're going to take corporate rep depositions, you know, that they're going
1:28
to want to take grants to deposition, and somebody is going to take it through deposition,
1:35
and you're two sisters to deposition, and everybody can spend a bunch of money.
1:41
I presume you're doing this on an hourly rate. We haven't talked about it, but if you
1:48
are, then, you know, obviously, that's going to be a bunch of money. I'm coming out of
1:52
a talk kit, and even if you're going to continue to be interested in more, you're going to be
1:56
put in a bunch of time and expenses into it. So, this is that's time to get the result
2:03
that I just can't get down to doing anything.
2:05
Yeah.
2:06
And if we were close and I had my table, I'm happy to talk to Lars about it, but I'm not
2:14
happy.
2:14
I don't think that would say any nice. So, I think it's worth it.
2:18
Okay.
2:19
I mean, we also made you find another lawsuit to remove Sierra's trust scheme. So, it's
2:25
not going to be fun for them.
2:27
Yeah.
2:28
And I'm sure you all lived with 1114-008, the property code, trust code, on a receivership,
2:36
and there's pretty good case law out there that I'm going to trustee has breach, so it's
2:44
a good case for me to be a security receiver to get it.
2:47
And being more aggressive on that, I think you really just have kind of that action claims
2:54
right now, and the pleadings and getting more aggressive may help.
3:02
And certainly, I don't know where they're coming from on this. I mean, I've been in their
3:09
shoes and I still engaged and I still offered real money. I haven't told somebody, yeah,
3:15
we'll do our job now going forward or we'll give you a free look back to try to make up for it,
3:21
but this is the same time. I think this is just one of the cases, Graham, sometimes the party just
3:28
need to put into each other in the base a few times to where they really understand this real
3:34
understanding, this risk, understand what this looks like and I just don't think they're there.
3:40
So don't go away, let me go talk to them a little bit more. I'll probably come back and catch
3:49
you loose in a few minutes, but don't go anywhere yet. Before you go Scott, they mentioned any
3:56
insurance to you because they won't give us that information. I don't know, but it's time
4:02
surprises me that a bank with a trust department wouldn't have some sort of professional liability
4:08
coverage. Maybe I'm wrong. Typically they do unless they're super huge. I mean I've got one
4:19
client who I don't think has it and then some smaller ones do have it. Obviously it's something
4:24
that should put in their disclosures. But we haven't had that conversation and my guess is
4:32
it's probably a pretty high self-insured attention sort of they don't feel that this warrants it
4:39
but obviously that's not their choice to make. So at least in terms of the disclosure. Yeah.
4:46
Okay, I'm tired. Let me go visit them a little bit. I'll be back. Okay, thank you.
4:55
So I don't see anybody in the war. So I'm falling as advice. Nothing emotional, just business here.
5:07
And that's, you know, that's the low-balling is probably the ultimate. So what I wasn't
5:13
clear what is the offer when he said retroactive? What? I think my understanding out of it was
5:21
we'll also look back at your financial need from the last five years and evaluate whether we
5:26
should have made distributions to you. Okay. Which we're obviously not going to do. Yeah.
5:32
Yeah. No. Okay. I thought it was we'll do the retroactive part but not inflation.
5:38
Oh, no. No, no. Give us a give us a wrap up from 2020 going forward.
5:43
And we'll determine whether or not your entitled any mice. Right. Give us some more evidence
5:46
against you. Right. Yeah. Right. We can still do that. Give us one so it seems that I mean he's
5:57
clearly on our side. 100 percent. I told her in that the very month of the race. I mean he's