building is safe and strong, do not worry. yeah, i guess the question is and this may be ultimately where the legal case hinges is they knew there was damage. they knew things needed to be fixed. the question is did they know or did they think it needed to be fixed now? immediately? do you have any evidence or are you making any claims one way or another? not really, john, at this stage because we haven t named the other defendants in the lawsuit but the reason that we filed the class action lawsuit is that we could now start the investigation in the judicial branch as well as all the other state and federal investigations because we need to preserve the evidence and that s what the court can do, order that all the parties maintain and preserve all the evidence, and secondly we could preserve all the insurance proceeds that are available so that it s not all out chaos with the lawsuits being filed. fortunately we have a judge in
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been talking about, the major structural and integrity issues, including the water proofing, which we discussed was beyond its useful life, and so it explains that they were going to have to go under that building, john, and really replace the entire base in order for them to make the repairs, and it was going to be extremely expensive. we talked about how because water proofing was beyond its useful life, the engineers warned that could cause an exponential acceleration of the deterioration of the concrete, but it s exactly what it explains in this letter that that is exactly what happened, that s one of the big reasons why millions of dollars were going to have to be spent to repair this water proofing in the garage area, which we ve talked about. and so this just gives us a clearer picture of the condition of the building before the collapse and we know, according to this letter, that owners were going to start paying some of
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