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Group:
This note from a money manager.
Chas
===========================
----- Original Message -----
Sent: Thursday, December 06, 2001 1:55 PM
Subject: Millennium update
> Dear Investor,
>
> Despite the Appellate Court's approval of the release of assets from
> Millennium, we regret to inform you that we have learned that Millennium
> has decided not to begin releasing funds at this time.
>
> Yesterday, Millennium told TFS that "the opinion of our attorneys is
> that the Rules of the Illinois Supreme Court hold that the filing of the
> emergency motions continue the stay until the Court rules on them. We
> are going to try to speed up that process with a strongly worded motion
> that will be filed tomorrow."
>
> We encourage you to follow up with Millennium if you have any further
> questions about its decisions. In addition, we will continue to provide
> updates as deemed appropriate.
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