Is the 1990 massive hit for M C Hammer. In a HAMMER blow, to the Jho Low Clan, from father to sons, the US Courts have SPOKEN.
The BAND of Brothers, got a Hell NO, u can't touch this , from the US Courts .
Reuters have the story. Read below :
Jho Low family's move to claim assets rejected by U.S. court
A U.S. federal judge rejected on Monday a move by family members of Malaysian businessman Low Taek Jho to claim assets seized by the U.S. government in its probe into the scandal-tainted 1MDB fund.
Dale Fischer, a judge in Los Angeles federal court, ruled against a motion by the family members to intervene and lay claim to real estate and other assets seized in a U.S. government lawsuit, a court filing shows.
Fischer also ruled against their motion for additional time to submit claims. The family members did not have direct control over the assets and were seeking to remove the Swiss trustees which control the assets and who have not filed their own claims, she said.
The family members' objective was to replace the trustees "with people or entities who, for reasons undisclosed, movants believe will file claims. But movants have no standing to request an extension on behalf of companies they do not control," Fischer said in a memo after Monday's hearing.
The ruling marks the latest setback for the family members, which last week had a motion to delay the hearing denied, squashing plans to try courts in New Zealand and the Cayman Islands, seen as potentially more hospitable to their claims.
