This is correct email but guys please don't just post emails like this. It's easier to just post a link to receivers official documents on official site where email and instructions are stated like below.
The Purchase and Assumption Agreement chose NY law and NYC arbitration to settle all disputes related to the agreement. I tired in PR first, but it was denied for lack of jurisdiction over Qenta.
Peter,
I am not that very very happy. As a full cash opt-in I am dragged into a possible years long legal battle by the bullion+mutual fund clients.
is there not possibility to seperate this?
I emailed the Receive about this. I never received a reply. But I would hope that he could begin returning the cash he has on hand sooner if we have to wait longer to get the assets back from Qenta. But let's see how Qenta responds to the TRO and arbitration. If they just return the assets there should not be much of︀ a dely. If they don't agree to return them its clear that the court will︁ order them to do so later. So they might as well do it sooner.
By the way, the silver is already recovered. The Receiver just needs to accept it. Qenta still have 19 million of cash, so recover that may not take any longer than the gold. In fact, we may get the mutual funds back quicker than the cash.
I have sent my complete statement over the 9 years that I was at EPB as proof of the amount of ounces I kept at the bank. But also added my new︀ bank statement in order for them to know where to sent my funds to. So︁ I hope they understood what I was trying to proof to them.