Richards Asset Mgmt. Trust, et al. - Page 27




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          ards’ motion to vacate).10                                                  
               On July 2, 2002, petitioners filed in these cases a motion             
          for leave to file motion for reconsideration and lodged a motion            
          for reconsideration in these cases.  On the same date, the Court            
          granted the motion for leave and had filed in these cases peti-             
          tioners’ motion for reconsideration.  On July 2, 2002, petition-            
          ers filed in these cases petitioners’ motion to reopen the record           
          (petitioners’ motion to reopen the record).11                               
               On July 24, 2002, respondent filed a response to the Trust’s           
          motion to vacate in each of the cases at docket Nos. 10764-00 and           
          10767-00 and to Mr. Richards’ motion to vacate in each of the               
          cases at docket Nos. 10765-00 and 10766-00.12                               


               10The Court is issuing an Order in each of these cases                 
          addressing petitioner’s motion to vacate in each such case.                 
               11The Court is issuing an Order in these cases addressing              
          petitioners’ motion to reopen the record.                                   
               12Respondent did not file a response to petitioners’ motion            
          for reconsideration or a response to petitioners’ motion to                 
          reopen the record.  That was because, in an Order dated July 2,             
          2002 (July 2, 2002 Order), the Court indicated that the conten-             
          tions and arguments advanced in each of the Trust’s motions to              
          vacate and Mr. Richards’ motions to vacate appeared to be essen-            
          tially the same as the contentions and arguments advanced in                
          petitioners’ motion for reconsideration and petitioners’ motion             
          to reopen the record.  The Court further indicated in the July 2,           
          2002 Order that it appeared that any response by respondent to              
          petitioners’ motion for reconsideration and respondent’s response           
          to petitioners’ motion to reopen the record would be essentially            
          the same as respondent’s response to each of the Trust’s motions            
          to vacate in the cases at docket Nos. 10764-00 and 10767-00 and             
          Mr. Richards’ motions to vacate in the cases at docket Nos.                 
          10765-00 and 10766-00.  Consequently, in the Court’s July 2, 2002           
                                                             (continued...)           





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