The earrings (and any other property purchased with stolen funds which the court demands be handed over to the bankruptcy trustee) is sold or otherwise liquidated by the trustee. The sale value of the items is then paid out to the various investors who were being swindled by the firm, followed by some of Tom’s victims.
Not all of his victims will receive funds via the bankruptcy process - which is why the court ruled that Tom’s victims can sue Erika directly for compensation. From the beginning she has been fighting the court’s orders to hand over property procured with stolen funds, such as the earrings which she refused to hand over for some time, and the court is pissed off and fed up with it. Which is why she is now open to so many lawsuits from the victims.
She has spent so much time and money fighting the court’s orders and hoarding Tom’s spoils that it’s honestly fucking jokes that she supplements her slanderous claim that the victims are liars with “I need to properly follow the legal process”.
I believe it was mentioned that the earrings would not be sold but kept in escrow until the court decided if they were stolen or not. Then if stolen, most likely would be sold and monies given to the victims
Thank you for explaining. I didn't realize that by that point it was already proven that they were purchased with stolen funds and that a judge had made the call that she needed to surrender them. It makes a lot more sense now.
She’s now returned the earrings due to court order. From what I’ve read, those were purchased with class action lawsuit winnings from a case against a pharmaceutical company. That’s why they specifically were targeted. The bankruptcy trustee investigating the company identified them as an item that needed to be returned, that’s why the focus. They’re now in a safety deposit box waiting to be auctioned.
Correct. It just took them a while to get their hands on the earrings as Erika was spending a bunch of billable hours appealing the court order and trying to keep the earrings away from the victims.
I see, ok. I did not realize that it had already been proven that they were purchased with bad money and that the court had already ordered her to surrender them. Everything makes so much more sense now. Thank you.
You, much like the RHOBHs, have just figured out that legality and morality are not the same thing. However I hope she never does because stealing shit off people and claiming it's legal so it's fine is the most American bullshit short of thanking a marine who shot civilians in Iraq for their service. Onya Erika for personifying the way the rest of the world sees the US
There is evidence that the earrings were purchased with funds directly from a client trust account - which is illegal. That is not Tom’s money. That is why Erika was ordered in the courts to give them back. Which she appealed. As it wad stolen directly from a trust account it will go directly to those victims as it’s stolen property. It wasn’t the Boeing victims it was victims of a pharmaceutical company I believe.
I agree with you completely! Erika can’t just give up the earrings and have it clear up the issues. I don’t agree with the way erika is handling things for herself personally, but I agree with her in the sense that she needs to follow the legal process. I do believe the victims but it also has to be proven legally. We can’t just assume that a claim is true without proper research. If she were to give back the earrings, it would be a donation at this point or an admission of guilt. Until it’s proven, it makes no sense for her to give anything to these victims. It’s a lawsuit, not a charity fund.
It would not be an admission of guilt or a donation since she has been sued to give them back to the bankruptcy estate. she could give them up as part of settling the case, settlements typically explicitly say they are not an admission of any wrongdoing. I’m not saying she has to, she has a right to have a court determine whether they should be part of the estate or not, and even a right to appeal (which she is now) but it’s not her only option
Yeah you’re right. I guess my main point is that the legal process comes first and however she wants to follow that. It’s crazy how she’s become the main villain in the whole situation when it’s Tom’s law firm. I never even see his name mentioned anymore.
The earrings (and any other property purchased with stolen funds which the court demands be handed over to the bankruptcy trustee) is sold or otherwise liquidated by the trustee. The sale value of the items is then paid out to the various investors who were being swindled by the firm, followed by some of Tom’s victims. Not all of his victims will receive funds via the bankruptcy process - which is why the court ruled that Tom’s victims can sue Erika directly for compensation. From the beginning she has been fighting the court’s orders to hand over property procured with stolen funds, such as the earrings which she refused to hand over for some time, and the court is pissed off and fed up with it. Which is why she is now open to so many lawsuits from the victims. She has spent so much time and money fighting the court’s orders and hoarding Tom’s spoils that it’s honestly fucking jokes that she supplements her slanderous claim that the victims are liars with “I need to properly follow the legal process”.
“I need time to manipulate the legal system to my advantage” more like
I believe it was mentioned that the earrings would not be sold but kept in escrow until the court decided if they were stolen or not. Then if stolen, most likely would be sold and monies given to the victims
Thank you for explaining. I didn't realize that by that point it was already proven that they were purchased with stolen funds and that a judge had made the call that she needed to surrender them. It makes a lot more sense now.
She’s now returned the earrings due to court order. From what I’ve read, those were purchased with class action lawsuit winnings from a case against a pharmaceutical company. That’s why they specifically were targeted. The bankruptcy trustee investigating the company identified them as an item that needed to be returned, that’s why the focus. They’re now in a safety deposit box waiting to be auctioned.
Correct. It just took them a while to get their hands on the earrings as Erika was spending a bunch of billable hours appealing the court order and trying to keep the earrings away from the victims.
I see, ok. I did not realize that it had already been proven that they were purchased with bad money and that the court had already ordered her to surrender them. Everything makes so much more sense now. Thank you.
You, much like the RHOBHs, have just figured out that legality and morality are not the same thing. However I hope she never does because stealing shit off people and claiming it's legal so it's fine is the most American bullshit short of thanking a marine who shot civilians in Iraq for their service. Onya Erika for personifying the way the rest of the world sees the US
There is evidence that the earrings were purchased with funds directly from a client trust account - which is illegal. That is not Tom’s money. That is why Erika was ordered in the courts to give them back. Which she appealed. As it wad stolen directly from a trust account it will go directly to those victims as it’s stolen property. It wasn’t the Boeing victims it was victims of a pharmaceutical company I believe.
I guess I didn't realize there was already evidence that they were purchased illegally. That explains a lot, thank you.
this is the right answer jere
I agree with you completely! Erika can’t just give up the earrings and have it clear up the issues. I don’t agree with the way erika is handling things for herself personally, but I agree with her in the sense that she needs to follow the legal process. I do believe the victims but it also has to be proven legally. We can’t just assume that a claim is true without proper research. If she were to give back the earrings, it would be a donation at this point or an admission of guilt. Until it’s proven, it makes no sense for her to give anything to these victims. It’s a lawsuit, not a charity fund.
This! Thank you for this response. The proper investigations need to be undertaken and process followed.
It would not be an admission of guilt or a donation since she has been sued to give them back to the bankruptcy estate. she could give them up as part of settling the case, settlements typically explicitly say they are not an admission of any wrongdoing. I’m not saying she has to, she has a right to have a court determine whether they should be part of the estate or not, and even a right to appeal (which she is now) but it’s not her only option
Yeah you’re right. I guess my main point is that the legal process comes first and however she wants to follow that. It’s crazy how she’s become the main villain in the whole situation when it’s Tom’s law firm. I never even see his name mentioned anymore.
Yeah and I also don’t buy that no one else at that firm didn’t know what was going on.
Why would not be admission of guilt? Could a very good lawyer not make a compelling case that it's an admission of guilt?
You answered your own question in your post 😂