is this email I got valid?
if it is, then about 20 years from now a settlement of less than $20 will occur if the case is won I guess.
This message is intended for: Class Member Name: D. Smith Notice ID: 07474801 IMPORTANT LEGAL NOTICE – PLEASE DO NOT DISCARD If you listed on eBay with “Good ‘Til Cancelled” from September 16, 2008 to June 19, 2012, please read carefully. Go to www.ebaygoodtilcancelledclassaction.com for details. A. SUMMARY The suit is entitled Richard Noll and Rhythm Motor Sports, LLC v. eBay Inc., Case No. 5:11-CV-04585 (EJD), and alleges that eBay did not adequately explain that fees for the Good ‘Til Cancelled listing duration (“GTC Listings”) would be charged every 30 days.
I am in need of assistance from a "banking law" expert in regards ***** ***** matter. I was involved with an LLC in Pa. There are three partners with equal interest in the LLC. The three partners signed for a mortgage with a bank to construct townhouses. There was an alleged default by the Defendant LLC on payments with respect to this loan. One of the partners filed, Pro Se, a Petition to Open and/or Strike the Bank's Judgment by Confession filed in the case. A Sheriff's Sale was scheduled for the following month on the property. The bank made the following deal with the ex-partner. Basically he agreed to withdraw and no longer pursue his Petition to Strike and/or Open, as well as any Motions to Stay the Sheriff's sale. The bank agreed not to pursue any action against this partner, personally and/or individually with respect to the matter or with regard to the mortgage/note entered into between the LLC and the bank. Furthermore, the bank agreed that should there be any pending actions in any court of law against this partner, personally or individually, with regard to the loan/note that is the subject matter of this lititgation, that it will promptly file the appropriate document to mark said matters settled, discontinued and ended with prejudice as to this partner. Also, the partner agreed to transfer any and all permits that he obtained regarding construction, etc. at the subject property site to Plaintiff Bank. The Bank had a copy of our Operating Agreement for the LLC which specifically states that all matters involving loans, mortgages, etc. must be agreed to by a two-thirds vote of the partners. The two remaining partners had no idea of this "deal" with the bank. Now the Plaintiff Bank, after it foreclosed on the property three years ago, wants the two partners of the LLC to sign a Consent Judgment for the money due after the sale of the townhouses, plus interest, out of pocket expenditures and expenses, etc. The bank proposes that after we sign this agreement, and another agreement transferring all our right, title and interest in the property, they will cancel our debt! Does the bank have the right to absolve one partner of the LLC and not the other two? Do they have the legal right to do so, knowing that the third partner was a signing member of the LLC on the original loan/mortgage? Thank you.
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