00a0318p.06

,VKDPY5DQGOH 1R
GHQLDO RI VWDWH SRVW FRQYLFWLRQ UHOLHI LQ RUGHU WR LQLWLDWH
KDEHDVFRUSXVSURFHHGLQJVLQDIHGHUDOGLVWULFWFRXUW6HH)D\
Y1RLD86±6&W/(GG
&RXQW\&RXUWRI8OVWHU1HZ<RUNY$OOHQ86
Q 6 &W / (G G
5DWKHUWKHGHQLDORIVWDWHSRVWFRQYLFWLRQUHOLHIEHFRPHVILQDO
IRUWKHSXUSRVHVRIKDEHDVUHOLHIDIWHUDGHFLVLRQE\WKHVWDWH¶V
KLJKHVWFRXUW6HH86&† E $ 2WW)G
DW5KLQH)GDW&RQVHTXHQWO\LWLVXQOLNHO\
WKDW &RQJUHVV LQWHQGHG WR QHYHUWKHOHVV WROO † G ¶V
OLPLWDWLRQVSHULRGZKHQQRSHWLWLRQIRUDZULWRIFHUWLRUDULLV
HYHQILOHGZLWKWKH6XSUHPH&RXUW7KLVVHHPVSDUWLFXODUO\
WUXHZKHQ&RQJUHVVPDGHFOHDUWKDWRQHRILWVSXUSRVHVLQ
HQDFWLQJ WKH $('3$ ZDV WR FXUE WKH SURWUDFWHG QDWXUH RI
KDEHDVFRUSXVSURFHHGLQJV
,,,
)RU WKH IRUHJRLQJ UHDVRQV ZH $)),50 WKH GLVPLVVDO RI
GHIHQGDQW¶VKDEHDVFRUSXVSHWLWLRQDVWLPHEDUUHG
7KH +RQRUDEOH 'DYLG $ .DW] 8QLWHG 6WDWHV 'LVWULFW -XGJH IRU WKH
1RUWKHUQ 'LVWULFW RI 2KLR VLWWLQJ E\ GHVLJQDWLRQ

5(&200(1'(' )25 )8//7(;7 38%/,&$7,21
3XUVXDQW WR 6L[WK &LUFXLW 5XOH
(/(&7521,& &,7$7,21 )(' $SS 3 WK &LU
)LOH 1DPH DS
81,7('67$7(6&28572)$33($/6
)257+(6,;7+&,5&8,7
BBBBBBBBBBBBBBBBB
'(11,6 ,6+$0
3HWLWLRQHU$SSHOODQW
Y
0,&+$(/ 5$1'/(:DUGHQ
5HVSRQGHQW$SSHOOHH
;!

1
1R
$SSHDOIURPWKH8QLWHG6WDWHV'LVWULFW&RXUW
IRUWKH6RXWKHUQ'LVWULFWRI2KLRDW'D\WRQ
1R²:DOWHU+5LFH&KLHI'LVWULFW-XGJH
$UJXHG$XJXVW
'HFLGHGDQG)LOHG6HSWHPEHU
%HIRUH.(11('<DQG1255,6&LUFXLW-XGJHV.$7=
'LVWULFW-XGJH
BBBBBBBBBBBBBBBBB
&2816(/
$5*8('6LREKDQ52¶.HHIIH38%/,&'()(1'(5¶6
2)),&( 2+,2 38%/,& '()(1'(5 &200,66,21
&ROXPEXV 2KLR IRU $SSHOODQW .DWKHULQH ( 3ULGHPRUH

-- 1 of 4 --

,VKDPY5DQGOH 1R
2 ) ) ,& ( 2 ) 7 + ( $ 7 7 2 5 1 ( < *( 1 ( 5 $ /
&255(&7,216/,7,*$7,216(&7,21&LQFLQQDWL2KLR
IRU$SSHOOHH21%5,()6LREKDQ52¶.HHIIH38%/,&
'()(1'(5¶6 2)),&( 2+,2 38%/,& '()(1'(5
&200,66,21&ROXPEXV2KLRIRU$SSHOODQW.DWKHULQH
(3ULGHPRUH2)),&(2)7+($77251(<*(1(5$/
&255(&7,216/,7,*$7,216(&7,21&LQFLQQDWL2KLR
IRU$SSHOOHH
BBBBBBBBBBBBBBBBB
23,1,21
BBBBBBBBBBBBBBBBB
.(11('< &LUFXLW -XGJH 'HIHQGDQW DSSHDOV WKH
MXGJPHQWRIWKHGLVWULFWFRXUWGLVPLVVLQJKLVKDEHDVFRUSXV
SHWLWLRQDVXQWLPHO\XQGHU86&† G 'HIHQGDQW
DUJXHVWKDWSXUVXDQWWR† G WKHWLPHGXULQJZKLFK
KLV2KLR5$SS3 % DSSOLFDWLRQZDVSHQGLQJDVZHOODV
WKHWLPHGXULQJZKLFKKHFRXOGKDYHSRWHQWLDOO\SHWLWLRQHGWKH
8QLWHG6WDWHV6XSUHPH&RXUWIRUDZULWRIFHUWLRUDULVKRXOG
KDYHVWD\HG† G ¶VRQH\HDUOLPLWDWLRQVSHULRG,Q
RUGHU IRU GHIHQGDQW¶V KDEHDV FRUSXV SHWLWLRQ WR EH WLPHO\
GHIHQGDQWZRXOGKDYHWRSUHYDLORQERWKRIWKHVHDUJXPHQWV
%HFDXVHZHFRQFOXGHWKDWWKHRQH\HDUOLPLWDWLRQVSHULRGLV
QRWWROOHGGXULQJWKHQLQHW\GD\VLQZKLFKGHIHQGDQWFRXOG
KDYHSHWLWLRQHGWKH8QLWHG6WDWHV6XSUHPH&RXUWIRUDZULWRI
FHUWLRUDUL ZH GHFOLQH WR FRQVLGHU GHIHQGDQW¶V DUJXPHQW
FRQFHUQLQJ KLV 2KLR 5 $SS 3 % DSSOLFDWLRQ DQG
$)),50WKHGLVWULFWFRXUW¶VGLVPLVVDORIGHIHQGDQW¶VSHWLWLRQ
DVXQWLPHO\
,
'HIHQGDQW'HQQLV,VKDPZDVFRQYLFWHGRIWZRFRXQWVRI
DJJUDYDWHG UREEHU\ LQ 2KLR VWDWH FRXUW LQ 7KH
0RQWJRPHU\&RXQW\&RXUWRI$SSHDOVDIILUPHG'HIHQGDQW¶V
FRQYLFWLRQ DQG VHQWHQFH RQ 0DUFK 'HIHQGDQW¶V
FRQYLFWLRQ EHFDPH ILQDO RQ GLUHFW UHYLHZ ZKHQ WKH 2KLR
6XSUHPH&RXUWGLVPLVVHGKLVDSSHDORQ'HFHPEHU
'HIHQGDQWILOHGDSRVWFRQYLFWLRQSHWLWLRQZLWKWKHWULDOFRXUW
1R ,VKDPY5DQGOH
&RXUW IROORZLQJ D VWDWH FRXUW¶V GHQLDO RI SRVWFRQYLFWLRQ
UHOLHI
:H GUDZ WKLV FRQFOXVLRQ IRU VHYHUDO UHDVRQV )LUVW DV
GHIHQGDQWFRQFHGHV† G LVGUDIWHGVXFKWKDW³6WDWH´
PRGLILHV ³SRVW FRQYLFWLRQ RU RWKHU FROODWHUDO UHOLHI´ $
SHWLWLRQIRUFHUWLRUDULWRWKH8QLWHG6WDWHV6XSUHPH&RXUWLV
QRW³VWDWHSRVWFRQYLFWLRQUHOLHI´1HLWKHULVVXFKDSHWLWLRQ
³RWKHUVWDWHFROODWHUDOUHOLHI´$VWKH7HQWK&LUFXLWREVHUYHG
LQ5KLQHDSHWLWLRQIRUDZULWRIFHUWLRUDULWRWKH8QLWHG6WDWHV
6XSUHPH&RXUWLVVLPSO\QRWDQDSSOLFDWLRQIRUVWDWHUHYLHZ
RIDQ\NLQG´5KLQH)GDW7KXVWKHSODLQ
ODQJXDJHRIWKHVWDWXWHH[FOXGHVWKHWLPHSHULRGGXULQJZKLFK
DGHIHQGDQW FRXOGKDYHSRWHQWLDOO\SHWLWLRQHGWKH6XSUHPH
&RXUWIRUDZULWRIFHUWLRUDULIURPEHLQJYLHZHGDVWKHW\SHRI
UHOLHIWKDWZRXOGWROO† G ¶VOLPLWDWLRQVSHULRG
6HFRQGLQ† G $ &RQJUHVVH[SUHVVO\WRRNLQWR
DFFRXQW WKH WLPH GXULQJ ZKLFK D SHWLWLRQ IRU D ZULW RI
FHUWLRUDUL FRXOG EH ILOHG ZLWK WKH 8QLWHG 6WDWHV 6XSUHPH
&RXUW 6HFWLRQ G $ SURYLGHV WKDW WKH RQH \HDU
OLPLWDWLRQVSHULRGEHJLQVWRUXQRQ³WKHGDWHRQZKLFKWKH
MXGJPHQWEHFDPHILQDOE\WKHFRQFOXVLRQRIGLUHFWUHYLHZRU
WKHH[SLUDWLRQRIWKHWLPHIRUVHHNLQJVXFKUHYLHZ´2WKHU
&RXUWVKDYHJHQHUDOO\FRQFOXGHGWKDWIRUWKHSXUSRVHRIWKLV
VXEVHFWLRQWKHRQH\HDUOLPLWDWLRQVSHULRGGRHVQRWEHJLQWR
UXQ XQWLO DIWHU WKH WLPH IRU ILOLQJ D SHWLWLRQ IRU D ZULW RI
FHUWLRUDULZLWKWKH8QLWHG6WDWHV6XSUHPH&RXUWKDVSDVVHG
6HH 5KLQH )G DW ± FROOHFWLQJ FDVHV %\
RPLWWLQJVXFKODQJXDJHIURP† G LWVHHPVFOHDUWKDW
&RQJUHVVLQWHQGHGWRH[FOXGHSRWHQWLDO6XSUHPH&RXUWUHYLHZ
DV D EDVLV IRU WROOLQJ WKH RQH \HDU OLPLWDWLRQV SHULRG 6HH
+RKQY8QLWHG6WDWHV86±6&W
/(GG REVHUYLQJWKDWE\LQFOXGLQJ
SDUWLFXODUODQJXDJHLQRQHVHFWLRQRIDQDFWEXWRPLWWLQJLWLQ
DQRWKHUVHFWLRQRIWKHVDPHDFWLWLVSUHVXPHGWKDW&RQJUHVV
LQWHQGHGWRH[FOXGHWKHODQJXDJH 2WW)GDW
)LQDOO\DGHIHQGDQWLVQRWUHTXLUHGWRSHWLWLRQWKH8QLWHG
6WDWHV6XSUHPH&RXUWIRUDZULWRIFHUWLRUDULIROORZLQJWKH

-- 2 of 4 --

,VKDPY5DQGOH 1R
$VGLVFXVVHGDERYHGHIHQGDQW¶VRQH\HDUOLPLWDWLRQVSHULRG
EHJDQWRUXQZLWKWKHSDVVDJHRIWKH$('3$RQ$SULO
7KHVWDWHFRQFHGHVWKDWGHIHQGDQWKDGDSURSHUO\ILOHG
DSSOLFDWLRQIRUSRVWFRQYLFWLRQUHOLHISHQGLQJXQWLO0D\
ZKHQWKH2KLR6XSUHPH&RXUWGLVPLVVHGGHIHQGDQW¶V
DSSHDORIWKHWULDOFRXUW¶VGHQLDORIKLVPRWLRQIRUDQHZWULDO
'HIHQGDQWWKHQZDLWHGWKLUWHHQGD\VXQWLOILOLQJKLVPRWLRQWR
UHRSHQKLVDSSHDORQ0D\7KHPRWLRQZDVILQDOO\
GLVSRVHGRIRQ1RYHPEHUZKHQWKH2KLR6XSUHPH
&RXUWGHFOLQHGUHYLHZ'HIHQGDQWWKHQZDLWHGD\HDUWRILOH
KLVSHWLWLRQIRUDZULWRIKDEHDVFRUSXVLQWKHGLVWULFWFRXUW
:KHQWKLVLQWHUYHQLQJ\HDULVFRPELQHGZLWKWKHWKLUWHHQGD\V
GHIHQGDQWZDLWHGWRILOHKLVPRWLRQWRUHRSHQLWLVFOHDUWKDW
GHIHQGDQW¶V KDEHDV FRUSXV SHWLWLRQ LV RXWVLGH WKH RQH \HDU
OLPLWDWLRQVSHULRGDOORZHGE\† G
%
'HIHQGDQWDUJXHVKRZHYHUWKDWWKHWLPHLQZKLFKKHFRXOG
KDYHSHWLWLRQHGWKH8QLWHG6WDWHV6XSUHPH&RXUWIRUDZULWRI
FHUWLRUDUL VKRXOG DOVR WROO WKH OLPLWDWLRQV SHULRG RI
† G 7KXV XQGHU 'HIHQGDQW¶V UHDVRQLQJ WKH
OLPLWDWLRQVSHULRGZRXOGDOVRKDYHEHHQWROOHGIRUQLQHW\GD\V
IROORZLQJ WKH 2KLR 6XSUHPH &RXUW¶V 0D\ ILQDO
GLVPLVVDORIKLVPRWLRQIRUQHZWULDO
2XU FLUFXLW KDV QRW \HW FRQVLGHUHG WKH LVVXH UDLVHG E\
GHIHQGDQW EXW RWKHU FRXUWV WKDW KDYH DGGUHVVHG WKH PDWWHU
KDYH UHMHFWHG VLPLODU DUJXPHQWV 6HH 2WW Y -RKQVRQ
)G± WK&LU 5KLQHY%RRQH)G
± WK&LU &RDWHVY%\UG)G
WK&LU 5DPRVY:DONHU)6XSSG
6'1< *RQ]DOH]Y'H7HOOD)6XSS±
1',OO UHYHUVHG RQ RWKHU JURXQGV E\ *RQ]DOH] Y
'H7HOOD 1R :/ WK &LU 1RY
0RVHOH\ Y )UHHPDQ ) 6XSSG ±
0'1& :H MRLQ WKHVH FRXUWV DQG KROG WKDW
† G GRHVQRWWROOWKHOLPLWDWLRQVSHULRGWRWDNHLQWR
DFFRXQWWKHWLPHLQZKLFKDGHIHQGDQWFRXOGKDYHSRWHQWLDOO\
ILOHGDSHWLWLRQIRUFHUWLRUDULZLWKWKH8QLWHG6WDWHV6XSUHPH
1R ,VKDPY5DQGOH
RQ )HEUXDU\ ,Q UHVSRQVH WKH VWDWH PRYHG IRU
VXPPDU\ MXGJPHQW DQG WKH WULDO FRXUW JUDQWHG WKH PRWLRQ
7KH 2KLR 6XSUHPH &RXUW GHFOLQHG DSSHOODWH UHYLHZ RQ
'HFHPEHU'HIHQGDQWWKHQILOHGDPRWLRQIRUDQHZ
WULDORQ)HEUXDU\7KHPRWLRQZDVGHQLHGRQDOO
OHYHOVHQGLQJZLWKWKH2KLR6XSUHPH&RXUWGLVPLVVLQJWKH
DSSHDORQ0D\
7KLUWHHQGD\VODWHURQ0D\'HIHQGDQWILOHGDQ
DSSOLFDWLRQSXUVXDQWWR2KLR5$SS3 % WRUHRSHQKLV
RULJLQDOGLUHFWDSSHDOKHDUGE\WKH0RQWJRPHU\&RXQW\&RXUW
RI $SSHDOV EDVHG RQ DOOHJHG LQHIIHFWLYH DVVLVWDQFH RI
DSSHOODWH FRXQVHO 7KH &RXUW RI $SSHDOV GHQLHG KLV
DSSOLFDWLRQRQ-XO\DQGWKH2KLR6XSUHPH&RXUW
GHFOLQHGUHYLHZRQ1RYHPEHU
'HIHQGDQWILOHGDSHWLWLRQIRUDZULWRIKDEHDVFRUSXVLQ
8QLWHG 6WDWHV 'LVWULFW &RXUW RQ 1RYHPEHU 7KH
FRXUWGLVPLVVHG'HIHQGDQW¶VSHWLWLRQRQ)HEUXDU\
IRUIDLOXUHWRILOHZLWKLQWKHRQH\HDUSHULRGSURYLGHGE\
86&† G DQGJUDQWHGDFHUWLILFDWHRIDSSHDODELOLW\
ZLWKUHVSHFWWRWKHWLPHOLQHVVRI'HIHQGDQW¶VSHWLWLRQ
,,
,QWKH$QWL7HUURULVPDQG(IIHFWLYH'HDWK3HQDOW\$FWRI
³$('3$´ &RQJUHVVDGGHGDVWDWXWHRIOLPLWDWLRQVIRU
WKHILOLQJRIKDEHDVFRUSXVSHWLWLRQVSURYLGLQJLQUHOHYDQW
SDUWWKDW
G $RQH\HDUSHULRGRIOLPLWDWLRQVVKDOODSSO\WRWKH
ILOLQJRIDQDSSOLFDWLRQIRUDZULWRIKDEHDVFRUSXV
E\DSHUVRQLQFXVWRG\SXUVXDQWWRWKHMXGJPHQWRI
D6WDWHFRXUW7KHOLPLWDWLRQSHULRGVKDOOUXQIURP
WKHODWHVWRI²
$ WKHGDWHRQZKLFKWKHMXGJPHQWEHFDPHILQDO
E\ WKH FRQFOXVLRQ RI GLUHFW UHYLHZ RU WKH
H[SLUDWLRQ RI WKH WLPH IRU VHHNLQJ VXFK
UHYLHZ

-- 3 of 4 --

,VKDPY5DQGOH 1R
2KLR $SSHOODWH 5XOH % SURYLGHV LQ UHOHYDQW SDUW
$ GHIHQGDQW LQ D FULPLQDO FDVH PD\ DSSO\ IRU UHRSHQLQJ
RI WKH DSSHDO IURP WKH MXGJPHQW RI FRQYLFWLRQ DQG VHQWHQFH
EDVHG RQ D FODLP RI LQHIIHFWLYH DVVLVWDQFH RI DSSHOODWH FRXQVHO
$Q DSSOLFDWLRQ IRU UHRSHQLQJ VKDOO EH ILOHG LQ WKH FRXUW RI
DSSHDOV ZKHUH WKH DSSHDO ZDV GHFLGHG ZLWKLQ QLQHW\ GD\V IURP
MRXUQDOL]DWLRQ RI WKH DSSHOODWH MXGJPHQW XQOHVV WKH DSSOLFDQW
VKRZV JRRG FDXVH IRU ILOLQJ DW D ODWHU WLPH
7KHWLPHGXULQJZKLFKDSURSHUO\ILOHGDSSOLFDWLRQ
IRU6WDWHSRVWFRQYLFWLRQRURWKHUFROODWHUDOUHYLHZ
ZLWKUHVSHFWWRWKHSHUWLQHQWMXGJPHQWRUFODLPLV
SHQGLQJVKDOOQRWEHFRXQWHGWRZDUGDQ\SHULRGRI
OLPLWDWLRQXQGHUWKLVVXEVHFWLRQ
86&† G 7KHVWDWXWHRIOLPLWDWLRQVGRHV
QRW FRQWDLQ D JUDFH SHULRG ZKLFK ZRXOG UHQGHU LW
XQFRQVWLWXWLRQDO DV WR KDEHDV FRUSXV FODLPV WKDW DFFUXHG
EHIRUHWKHVWDWXWH¶VHQDFWPHQW6HH7H[DFR,QFY6KRUW
86Q6&W/(GG
REVHUYLQJ WKDW D QHZ VWDWXWH RI OLPLWDWLRQV PXVW DOORZ ³D
UHDVRQDEOHWLPHDIWHUWKH\WDNHHIIHFWIRUWKHFRPPHQFHPHQW
RIVXLWVXSRQH[LVWLQJFDXVHVRIDFWLRQ´ &RQVHTXHQWO\OLNH
WKH PDMRULW\ RI FLUFXLWV RXU FLUFXLW JLYHV D RQH \HDU JUDFH
SHULRG IRU FRQYLFWLRQV ZKLFK EHFDPH ILQDO SULRU WR WKH
$SULOHIIHFWLYHGDWHRIWKH$('3$6HH%URZQY
2GHD)G WK&LU UHYHUVHGRQRWKHU
JURXQGVE\%URZQY2 'HD6&W 7KXV
GHIHQGDQWZRXOGQRUPDOO\KDYHXQWLO$SULOWRILOHKLV
KDEHDVSHWLWLRQZHOOEHIRUHKLVDFWXDO1RYHPEHU
ILOLQJGDWH
$
'HIHQGDQWDUJXHVWKDWWKHGLVWULFWFRXUWHUUHGLQQRWWROOLQJ
WKHVWDWXWHIRUKLVDSSOLFDWLRQIRUUHRSHQLQJXQGHU2KLR5
$SS 3 % DQG WKH WLPH LQ ZKLFK KH FRXOG KDYH
SHWLWLRQHG WKH 8QLWHG 6WDWHV 6XSUHPH &RXUW IRU D ZULW RI
FHUWLRUDUL'HIHQGDQWUHOLHVRQ† G ZKLFKGHGXFWV
³WLPHGXULQJZKLFKDSURSHUO\ILOHGDSSOLFDWLRQIRU6WDWHSRVW
1R ,VKDPY5DQGOH
FRQYLFWLRQ RU RWKHU FROODWHUDO UHYLHZ´ LV SHQGLQJ IURP
FDOFXODWLRQRIWKHOLPLWDWLRQVSHULRG,QUHVSRQVHWKHVWDWH
SRLQWV RXW WKDW GHIHQGDQW¶V DSSOLFDWLRQ IRU UHRSHQLQJ ZDV
PRUHWKDQWKUHH\HDUVODWHDQGZDVXOWLPDWHO\GLVPLVVHGE\WKH
2KLR &RXUW RI $SSHDOV DV SURFHGXUDOO\ EDUUHG GXH WR
GHIHQGDQW¶V IDLOXUH WR VKRZ JRRG FDXVH IRU KLV GHOD\
$FFRUGLQJO\WKHVWDWHDUJXHVWKDWGHIHQGDQW¶VDSSOLFDWLRQZDV
QRWSURSHUO\ILOHGDVLWZDVGLVPLVVHGE\WKH2KLR&RXUWRI
$SSHDOVRQSURFHGXUDOJURXQGV
7KHFLUFXLWVKDYHVSOLWRQWKHPHDQLQJRI³SURSHUO\ILOHG´
6RPHFLUFXLWVDGRSWDQDUURZLQWHUSUHWDWLRQRIWKHSKUDVH¶V
PHDQLQJ FRQFOXGLQJ WKDW IDFLDO FRPSOLDQFH ZLWK VWDWH
SURFHGXUDOUXOHVVXFKDVWKRVHUHJDUGLQJQRWLFHWLPHDQG
SODFHRIILOLQJLVDOOWKDWLVUHTXLUHG6HH$GHOLQHY6WLQVRQ
)G G&LU :LOOLDPVY&DLQ1R
:/ WK&LU-XQH %HQQHWWY$UWX]
)G G&LU 9LOOHJDVY-RKQVRQ)G
WK&LU 2WKHUFLUFXLWVDGRSWLQJDVRPHZKDWEURDGHU
YLHZFRQFOXGHWKDWDVWDWHFRXUW¶VLQWHUSUHWDWLRQRIZKHWKHU
DQDSSOLFDWLRQZDVSURSHUO\ILOHGLVGLVSRVLWLYHHYHQLIWKH
VWDWHFRXUWUHYLHZHGSDUWRIWKHPHULWVRIWKHFDVHWRUHDFKLWV
GHWHUPLQDWLRQ6HH-HIIHUVRQY:HOERUQ1R:/
WK&LU-XQH )UHHPDQY3DJH)G
WK&LU 7LQNHUY+DQNV)G WK&LU
'LFWDGRY'XFKDUPH)G WK&LU
:HHNOH\Y0RRUH)G WK&LU :HEVWHU
Y 0RRUH )G WK &LU 7KH 6XSUHPH
&RXUWUHFHQWO\JUDQWHGFHUWLRUDULLQ%HQQHWWY$UWX])G
G&LU WRFRQVLGHUWKHPHDQLQJRISURSHUO\ILOHG
LQWKHFRQWH[WRIWKDWFDVH6HH%HQQHWWY$UWX])G
G&LU FHUWJUDQWHG$UWX]Y%HQQHWW6&W
/(GG
2XUFLUFXLWKDV\HWWRFRQVLGHUWKHPHDQLQJRI³SURSHUO\
ILOHG´XQGHU† G DQGZHILQGLWXQQHFHVVDU\WRGRVR
$VVXPLQJ DUJXHQGR WKDW GHIHQGDQW¶V ODWH PRWLRQ IRU
UHRSHQLQJ ZDV D SURSHUO\ ILOHG DSSOLFDWLRQ IRU VWDWH SRVW
FRQYLFWLRQUHOLHIWKHUHE\WROOLQJWKHVWDWXWHIRUWKDWSHULRG
GHIHQGDQW¶VKDEHDVFRUSXVSHWLWLRQZRXOGVWLOOEHXQWLPHO\

-- 4 of 4 --