Saturday, January 17, 2015

The Great Battle(s) of Detroit

Yet one more day.

The Battle of Detroit, page 344 of "The Tunnel Thru the Air" occurred on November 24, 1931 and Robert Gordon and Detroit was victorious.  Mr. Gann gives us the telestic 'ten':


On November 12, 2014, the bankruptcy reorganization plan, characterized by some legal minds as a miracle, was confirmed (the date entered is at the bottom):


Hmmm, the Court's confirmation was filed November 12, 2014.  Shucks, November 12 plus 10 days is only November 22, not Mr. Gann's November 24.  BUT, the date the order is filed is not the date of service to parties of interest.  The date served on parties of interest is not inserted in the documents I can find.  Here is the last page of the above Order which should have been certified by the Court's officer (somewhere) affirming that the Order has been served on interested parties:


So what was the date that the Officer of the Court filled in those blanks and "served" notice interested parties?  That date is important that notices parties of interest that they have a Federal statutory time in which to enter objections to the forthcoming effective order of relief in bankruptcy.   The date of notice is the Court's challenge similar to Robert Gordon's taunt "Won't you come and take us…"  The Court is saying, "you are on notice, bring on your objections to the Order of Confirmation."   If the Court does not notice parties of interest, the "battle" is not order and the Court's judgement is ineffective on party.  I find that date notice was served to be:


As a result of the service that, which I believe occurred on November 14, 2014, there were many objections that occurred on November 14, 2014.   Once creditors are noticed of the Order of Confirmation, the Federal Bankruptcy Court has spoken......the battle is over.  Absent mischief on the part of the Court, a finding in "equity" by a Federal judge (on his own order) will not be overturned regardless the cries of the aggrieved.  To wit, General Motors and tens of thousands of similar orders. 

As it stands, the fictional Battle of Detroit was won on November 24 as proclaimed by Mr. Gann.  And the real Battle of Detroit was won on November 14 plus 10 Gann days or November 24.

Jim Ross


NOTE:  Curiously, Thanksgiving in 1931 according to a quick Internet search occurred on November 26, 1931, not November 24, 1931 as written by Mr. Gann.  Perhaps an exclamation point to ponder.

1 comment:

  1. Nothing more than a notation. DJIA at about 86 on Friday, January 15, 1932 and bottomed Friday July 8, 1932 at about 41. Not a prediction or even a suspicion. Just something to go 'wow' were it to occur.

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