UNITED STATES DISTRICT COURT FOR
THE DISTRICT OF MASSACHUSETTS
BTU VENTURES, INC.,
BTU INDUSTRIES HOLDINGS USA, INC.
Plaintiffs
vs.
MARTIN BETANCOURT
MARTIN BETANCOURT
Defendant.
EMERGENCY HEARING
BEFORE THE HONORABLE RYA W. ZOBEL
UNITED STATES DISTRICT COURT JUDGE
Harry T. Daniels, WilmerHale "bigshot" Lawyer
Harry, keep on smiling. As far as you are concerned, your words will never come back to bite you in the a**.
Harry T. Daniels speaking to US Federal Court
Harry T. Daniels speaking to US Federal Court
"MR. DANIELS: We don't know what he [Betancourt] has done with the information. We (does that include WilmerHale itself???) are terribly concerned about it, especially in this day and time when fund managers, like my client, are under extraordinary scrutiny for what they're doing with other people's money."
"MR. DANIELS: I understand, your Honor. My client is -- I don't mean to belabor this, and I understand -- I think I understand your Honor's position, but my client is anxious to know what BTU documents Mr. Betancourt has, so it can take steps to protect itself, and if we got those today..."
Obvious Conclusion
Yes, Harry... A lot of people all over the world are curious, concerned, pissed-off, etc. about what YOUR CLIENT has done (and continues to do) with other people's money! What's the matter Big Harry, WilmerHale did not like for anyone to scrutinize YOUR CLIENT's personal "appropriation" of hundreds of millions of other people's money??? (simple math: $86 million unaccounted for in Meiya Power + $15 million in restructuring expenses related to QGEN + $9.3 million loan to WAM + $29 million in "development" expenses for BTU Power Company, etc.).... Wow, we are out of breath and we haven't included everything yet associated with WAM's "track record" > $140 million...I suppose YOUR CLIENT needed to know how to "protect" itself if the TRUTH ever got out...
Just a few excerpts to summarize Big Harry's argument:
my client
is anxious
scrutiny
doing with other people's money
WELL DONE Big Harry... you managed, for a while, to suppress the truth.
Entire transcript will be posted soon.
[Note: Assuming the Grand Court of the Cayman Islands gives a green light to the wind-up of BTU Power Company we will soon be able to see how many millions have flowed from the Middle East investors' dividends directly into WilmerHale's coffers. You (Big Harry) and WilmerHale should probably pause to think before trying to open an office in either Doha or Dubai.]
Question
WilmerHale: enablers? facilitators? participants?
Answer (to question immediately above)
WilmerHale: recipient of many millions of dollars from Wael Al Mazeedi.
4 comments:
YES! Life is good when Mr. Betancourt wins!
The local news is sitting on the sidelines until FEDERAL COURT! Then the TRUTH will be told and I bet that one man gets on a plane to leave!
The real question is a one way ticket to Japan or Kawait?
WilmerHale Lawyers broke their legal Oath. Greed is not a good reason to keep a client. When the bill dry up, you run away and pretend your never had him as a client.
Fund Manager? Really? No real investors anymore. The original ones want their money back.
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