galena street fund, l.p. v. wells fargo bank, n.a., case number 1:12-cv-00587 in the u.s. district...
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7/31/2019 GALENA STREET FUND, L.P. v. WELLS FARGO BANK, N.A., case number 1:12-cv-00587 in the U.S. District Court for…
http://slidepdf.com/reader/full/galena-street-fund-lp-v-wells-fargo-bank-na-case-number-112-cv-00587 1/28
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GJ _HL \JG_LO U_D_LU OGU_VGE_ EI\V_
AIV _HL OGU_VGE_ IA EIKIVDOI
Egqgk Degij Ji* YYYYYYYYYYYYY
BDKLJD U_VLL_ A\JO+ K*^*
^kdgjgaa+
q* M\VW _VGDK OL@DJOLO
RLKKU ADVBI FDJC+ J*D*+
Olaljodj*
YYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYY
EI@^KDGJ_
YYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYY
Aiv gu Ei`~kdgj dbdgju Rlkku Advbi Fdjc+ J*D* (‛Rlkku Advbi‐'+ ^kdgjgaa Bdkljd Uvll
A|jo+ K*^* (‛^kdgjgaa‐'+ hvi|bh |jolvugbjlo ei|julk+ Vlgkkw ̂ i}jlv KK^+ hlvlfw dkklblu djo
udlu du aikkiru=
GJ_VIO\E_GIJ
4* ^kdgjgaa gu dj gjqluiv gj elvdgj vlugoljgdk `ivbdbl-fdeclo ule|vgglu* ^kdgjgaa
fvgjbu hgu degij dbdgju Rlkku Advbi aiv fvldeh ia ago|egdvw o|w+ fvldeh ia eijvde+ fvldeh ia
hl o|w ia biio adgh djo adgv oldkgjb+ jlbkgbljel+ djo |jm|u ljvgeh`lj dvgugjb gj Rlkku
Advbi‗u ̀ |kg~kl ed~degglu du v|ull djo ulvqgelv*
6*
_hl kiuulu aiv rhgeh ̂ kdgjgaa fvgjbu hgu degij dvl d eijult|ljel ia g`~vi~lv
ulvqgegjb fw fih Rlkku Advbi djo gu ~vloleluuiv ulvqgelv+ Rduhgjbij @||dk+ du rlkk du hl
vlu|k ia Rlkku Advbi‗u adgk|vl i ~lvaiv` gu v|ulluhg~ rgh o|l edvl djo gj qgikdgij ia gu
ago|egdvw djo ihlv klbdk o|glu+ gjek|ogjb hl o|w i dqigo eijakgeu ia gjlvlu*
7/31/2019 GALENA STREET FUND, L.P. v. WELLS FARGO BANK, N.A., case number 1:12-cv-00587 in the U.S. District Court for…
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^DV_GLU
5* ^kdgjgaa Bdkljd Uvll A|jo+ K*^* gu d Edw`dj Gukdjou lxl`~lo kg`glo
~dvjlvuhg~* _hl bljlvdk ~dvjlvu gj ^kdgjgaa dvl Bdkljd Uvll Ulvglu D+ K*^* (Olkdrdvl'3
Bdkljd Uvll Ulvglu E+ K*^* (Olkdrdvl'+ djo Bdkljd Uvll Ulvglu F+ Ko (Edw d̀j Gukdjou'* _hl
kg`glo ~dvjlv gj ̂ kdgjgaa gu Fvdooiec Agjdjegdk Eiv~ivdgij (Olkdrdvl+ rgh gu ~vgjeg~dk
~kdel ia f|ugjluu gj Eikivdoi'*
?* Olaljodj Rlkku Advbi gu d alolvdkkw-ehdvlvlo jdgijdk fdjc rgh gu hi`l iaagel
kiedlo d 4>4 J* ^hgkkg~u Dqlj|l+ Ugi|x Adkku+ Ui|h Odcid <24>?* Rlkku Advbi gu d egg}lj ia
Ui|h Odcid*
M\VGUOGE_GIJ DJO QLJ\L
<* _hgu Ei|v hdu u|fmle `dlv m|vguogegij ~|vu|dj 68 \*U*E* ¢ 4554 fled|ul hl
eijviqlvuw dvgulu avi` vdjudegiju ia d jdgijdk fdjc hd gjqikql gjlvjdgijdk iv aivlgbj
fdjcgjb i~lvdgiju du ul aivh gj 46 \*U*E* ¢ 156+ djo ~|vu|dj i 68 \*U*E* ¢ 4556 fled|ul
hlvl gu ei`~kll ogqlvugw flrllj ̂ kdgjgaa djo gu ~dvjlvu+ ij hl ijl hdjo+ djo Olaljodj+
ij hl ihlv+ djo hl d`i|j gj eijviqlvuw lxellou hl m|vguogegijdk d`i|j ia /2<+>>>*
1* _hl Ei|v hdu ~lvuijdk m|vguogegij iqlv Rlkku Advbi fled|ul Rlkku Advbi hdu
eiv~ivdl iaagelu+ fdjc fvdjehlu+ djo dj dblj aiv ulvqgel ia ~vieluu gj Eikivdoi+ d`ijb ihlv
hgjbu+ rhgeh eijug|l eijgj|i|u djo uwul`dge f|ugjluu gj Eikivdoi djo ol`ijuvdl
Rlkku Advbi‗u ~|v~iula|k dqdgk`lj ia hl fljlag ia oigjb f|ugjluu gj Eikivdoi* Rlkku Advbi
dkui gjlvdelo ogvlekw rgh ^kdgjgaa‗u Eikivdoi-fdulo gjqlu`lj ̀ djdblv+ Fvdooiec
7/31/2019 GALENA STREET FUND, L.P. v. WELLS FARGO BANK, N.A., case number 1:12-cv-00587 in the U.S. District Court for…
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Agjdjegdk Eiv~ivdgij (‛Fvdooiec‐'+ gj eijjlegij rgh hl gjqlu`lju djo hl ogu~|l hd
aiv` hl u~legage fdugu ia hgu degij*
2* Qlj|l gu ~vi~lv gj hgu Ei|v ~|vu|dj i 68 \*U*E* ¢ 4574 fled|ul d u|fudjgdk
~dv ia hl deu iv i`guugiju hd aiv` hl fdugu ia hl ed|ul ia degij iee|vvlo rghgj hl
oguvge* U~legagedkkw+ Fvdooiec+ rhgeh+ gj dooggij i flgjb ^kdgjgaa‗u gjqlu`lj `djdblv+ gu
dkui d kg`glo ~dvjlv gj ^kdgjgaa djo gu divjlw-gj ade+ gu fdulo gj djo hdu gu ~vgjeg~dk ~kdel
ia f|ugjluu gj Eikivdoi* Fvdooiec ed|ulo ^kdgjgaa i ~|vehdul hl d-guu|l elvgagedlu djo
eivvlu~ijolo djo ihlvrgul ljbdblo rgh Rlkku Advbi djo Rduhgjbij @||dk Fdjc+ AD
(‛Rd@|‐' rgh vlu~le i hl deu djo i`guugiju dkklblo hlvlgj gj Eikivdoi* Hdv` avi` hl
deu djo i`guugiju dkklblo hlvlgj rdu djo eijgj|lu i fl u|aalvlo gj Eikivdoi*
BLJLVDK DKKLBD_GIJU
Iqlvqglr ia Vlugoljgdk @ivbdbl-Fdeclo Ule|vgglu
8* ^kdgjgaa gu dj gjqluiv gj elvdgj ule|vgg}lo v|uu hikogjb ̀ ivbdbl kidju+
cjirj du vlugoljgdk `ivbdbl-fdeclo ule|vgglu iv ‛V@FU*‐ D vlugoljgdk `ivbdbl-fdeclo
ule|vgw gu d aiv` ia duul-fdeclo ule|vgw rhlvl eduh-~vio|egjb agjdjegdk gjuv|`lju+ gj hgu
edul ̀ ivbdbl jilu‟~|vu|dj i rhgeh hi`lirjlvu dvl vlt|gvlo i ̀ dcl vlb|kdv
~dw`lju‟djo `ivbdblu ule|vgjb hd ifkgbdgij+ dvl dbbvlbdlo gji ~iiku djo uiko gji
v|uu*
7* Rhlj ~li~kl iv gjug|giju‟kgcl djo gjek|ogjb ̂ kdgjgaa‟gjqlu gj V@FU+ hlw
det|gvl hl vgbh i d ~ivgij ia hl hi`lirjlvu‗ ̀ ivbdbl ~dw`lju djo+ du gu vlklqdj i hgu
7/31/2019 GALENA STREET FUND, L.P. v. WELLS FARGO BANK, N.A., case number 1:12-cv-00587 in the U.S. District Court for…
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edul+ hl ~viellou avi` `ivbdbl gju|vdjel ~ikgeglu hd dvl vgbblvlo rhlj hi`lirjlvu adgk i
`dcl hiul ~dw`lju* _hd vgbh gu vlaklelo gj elvgagedlu guu|lo i gjqluivu+ rhgeh gu rhw
V@FU gjqluivu dvl ialj vlalvvlo i du ‛elvgagedlhikolvu*‐ _hl ~dw`lju‟rhlhlv avi`
hi`lirjlvu iv `ivbdbl gju|vlvu‟dvl ~duulo hvi|bh d ulvglu ia ijl iv `ivl ulvqgelvu i d
v|ull d~~igjlo i do`gjgulv hl v|uu+ djo dvl hlj ~dgo i gjqluivu deeivogjb i d
~vlollv`gjlo aiv`|kd edkklo hl v|u rdlvadkk*
4>* _hl lv` ‛v|u rdlvadkk‐ vlakleu hl ade hd V@FU v|uu dvl w~gedkkw
uvdgaglo gj d hglvdvehw ia ekduulu iv ‛vdjehlu‐ fdulo ij hl v|u‗u ed~gdk uv|e|vl* Hgbhlv
vdlo ekduulu dvl edkklo ‛uljgiv‐3 kirlv vdlo ekduulu dvl edkklo ‛m|jgiv*‐ _hl kirlu ekduu gu
|jvdlo* _hl eijvdeu biqlvjgjb `ivbdbl-fdeclo ule|vgglu ~viqgol oldgklo v|klu aiv hir
hl v|u‗u ~viellou djo kiuulu dvl dkkiedlo d`ijb hl ekduulu* _w~gedkkw+ hi|bh+ ~viellou
avi` hi`lirjlv ~dw`lju+ ulvqgelv doqdjelu hlvlia+ djo ihlv ̀ ijglu ei`gjb gji hl v|u
dvl ~dgo gj olueljogjb ivolv ia uljgivgw* Ug`gkdvkw+ rhlj hl v|uu u|aalv kiuulu+ aiv lxd`~kl+
fled|ul hi`lirjlvu ui~ `dcgjb ~dw`lju djo lghlv hlvl dvl ji gju|vdjel ~ikgeglu i eiqlv
hl` iv hl ulvqgelv adgku i ~vi~lvkw d~~kw aiv gju|vdjel djo hlvlaivl oilu ji vlelgql hl
gju|vdjel ~viellou+ hiul kiuulu dvl dkui dkkiedlo deeivogjb i hl rdlvadkk f| gj hl i~~iugl
ogvlegij* Fdugedkkw+ ~dw`lju dvl o|`~lo gji hl i~ ia hl rdlvadkk djo vgeckl oirj rhgkl
kiuulu dvl dfuivflo avi` hl fii` |~* _h|u+ hl d`i|j djo g g̀jb ia djw bgqlj gjqluiv‗u
~dw`lj iv kiuu gu ollv`gjlo fw hd gjqluiv‗u ~iuggij gj hl rdlvadkk*
7/31/2019 GALENA STREET FUND, L.P. v. WELLS FARGO BANK, N.A., case number 1:12-cv-00587 in the U.S. District Court for…
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44* Luuljgdk i hgu ~vieluu dvl v|ullu djo ulvqgelvu+ rhi do`gjgulv hlgv
vlu~legql du~leu ia hl V@FU* _v|ullu dvl d~~igjlo fw hl V@FU guu|lv‟hl fdjc iv
ug`gkdv agjdjegdk gjug|gij hd evldlo hl V@FU fw ~iikgjb ̀ ivbdbl kidju djo ulkkgjb hl`
i hl v|u hd hlj hikou hl` aiv hl fljlag ia gjqluivu* _hl v|ull‗u mif gu i iqlvull hl
v|u djo hl ulvqgelvu* Gu u~legage o|glu dvl kdgo i| gj ^iikgjb djo Ulvqgegjb Dbvll l̀ju
(‛^UDu‐' f| udl ago|egdvw kdr dkui g`~iulu elvdgj o|glu ij v|ullu* Ulvqgelvu `djdbl hl
vlkdgijuhg~ rgh hi`lirjlvu+ eikkle djo vl`g ~dw`lju+ djo dcl degij i ̀ ggbdl iv
`gjg`g}l kiuulu hd iee|v rhlj hi`lirjlvu ui~ ~dwgjb hlgv `ivbdblu* Ulvqgelvu‗ o|glu
dvl dkui kdgo i| gj ulvqgegjb dbvll`lju+ rhgeh avlt|ljkw+ gjek|ogjb gj hgu edul gjeiv~ivdl
ihlv b|golkgjlu djo gjo|uvw udjodvou*
46* Gj ̀ djw ule|vgg}dgiju‟gjek|ogjb hl ri d guu|l hlvl‟rhlvl hi`lirjlvu
oi ji ̀ dcl hlgv ~dw`lju+ hl ulvqgelvu doqdjel hiul ~dw`lju i hl v|uu djo kdlv
vlg`f|vul hl`ulkqlu avi` hl ~viellou ia hlgv kiuu ̀ ggbdgij laaivu+ u|eh du aivlekiu|vl djo
`ivbdbl gju|vdjel ~viellou* Hirlqlv+ ulvqgegjb dbvll`lju djo udjodvou ~kdel kg`gdgiju
ij rhlj djo i rhd lxlj hlul doqdjelu uhi|ko fl `dol*
Aiv`dgij ia hl D-Guu|l _v|uu
45* _hgu edul gjqikqlu ri ̀ ivbdbl-fdeclo ule|vgglu guu|lo fw Ei|jvwrgol Hi`l
Kidju+ Gje* iv gu daagkgdlo ol~iugivu (‛Ei|jvwrgol‐'= Vl~lvaiv`gjb Kidj VL@GE _v|u
Elvgagedlu+ Ulvglu 6>>6-6 (hl ‛Ulvglu 6>>6-6 Ule|vgw‐'+ djo Vl~lvaiv`gjb Kidj VL@GE _v|u
Elvgagedlu+ Ulvglu 6>>5-V4 (hl ‛Ulvglu 6>>5-V4 Ule|vgw‐'*
7/31/2019 GALENA STREET FUND, L.P. v. WELLS FARGO BANK, N.A., case number 1:12-cv-00587 in the U.S. District Court for…
http://slidepdf.com/reader/full/galena-street-fund-lp-v-wells-fargo-bank-na-case-number-112-cv-00587 6/28
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4?* _hl kidju Ei|jvwrgol ol~iuglo gji hl v|uu ei`l avi` ogaalvlj ui|velu*
Ei|jvwrgol det|gvlo ui`l ia hl `ivbdbl kidju gj hl Ulvglu 6>>6-6 Ule|vgw djo dkk ia hl
`ivbdbl kidju gj hl Ulvglu 6>>5-V4 Ule|vgw avi` Rd@| hvi|bh d @ivbdbl Kidj ̂ |vehdul
djo Udkl Dbvll`lj (‛^|vehdul djo Udkl Dbvll`lj‐'*
4<* ^|vu|dj i hd dbvll`lj+ dkk ia hl ̀ ivbdbl kidju det|gvlo avi` Rd@| rlvl
gju|vlo fw hl Alolvdk Hi|ugjb Do`gjguvdgij (‛AHD‐' iv b|dvdjllo fw hl Ol~dv`lj ia
Qllvdju‗ Daadgvu (‛QD‐'*
Rd@|‗u (djo U|fult|ljkw Rlkku Advbi‗u' O|glu du Ulvqgelv
41* Dkhi|bh Rd@| uiko hl `ivbdbl kidju i Ei|jvwrgol djo Ei|jvwrgol gji
hl v|uu+ Rd@| vldgjlo hl vgbh i ulvqgel hl `ivbdbl kidju g uiko* _hgu dvvdjbl`lj gu
cjirj du ‛ulvqgegjb vldgjlo+‐ du eijvdulo rgh ‛ulvqgegjb vlkldulo+‐ rhgeh iee|vu rhlj hl
ivgbgjdgjb kljolv ulkku fih hl ̀ ivbdbl kidju djo hl duuiegdlo ulvqgegjb vgbhu*
42* Deeivogjbkw+ rhlj Rd@| uiko gu kidju i Ei|jvwrgol+ hl ~dvglu ljlvlo gji
d Ulvqgegjb Dbvll`lj vlbdvogjb hiul kidju* Rhgkl hl lv`u ia hd dbvll`lj djo hl ihlv
ulvqgegjb udjodvou gjeiv~ivdlo gji g u~ldc aiv hl`ulkqlu+ hl bgu ia hl Ulvqgegjb
Dbvll`lj aiv ~vlulj ~|v~iulu rdu hd Rd@| ri|ko fl ifkgbdlo i ulvqgel hl kidju gj
deeivodjel rgh Deel~dfkl Ulvqgegjb ^vielo|vlu+ olagjlo du ‛hiul e|ui`dvw ̀ ivbdbl
ulvqgegjb ~vdegelu ia ~v|olj ̀ ivbdbl kljogjb gjug|giju hd ulvqgel ̀ ivbdbl kidju ia hl
ud`l w~l djo t|dkgw du u|eh @ivbdbl Kidju gj hl m|vguogegij rhlvl hl vlkdlo @ivbdblo
7/31/2019 GALENA STREET FUND, L.P. v. WELLS FARGO BANK, N.A., case number 1:12-cv-00587 in the U.S. District Court for…
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^vi~lvw gu kiedlo+‐ djo i de gj hl flu gjlvluu ia rhilqlv irjlo hl kidju du hlw rlvl
uiko djo ule|vgg}lo*
48* D`ijb hl u~legage ulvqgegjb ifkgbdgiju djo vluvgegiju ul aivh gj hl
Ulvqgegjb Dbvll`lj rlvl hl aikkirgjb=
d* Rd@| rdu ifkgbdlo i eikkle dkk ~dw`lju o|l |jolv hl ̀ ivbdbl kidju+
gjek|ogjb dcgjb degiju i eikkle dkk ~dw`lju ji ~dgo rhlj o|l3
f* Rd@| rdu ~vihgfglo+ gj hl dfuljel ia eijulj+ i dcl djw degij hd ri|ko
doqlvulkw daale Rd@|‗u dfgkgw i eikkle ~dw`lju |jolv hl AHD gju|vdjel iv
hl QD b|dvdjw3
e* Rd@| rdu ljgklo i rghhiko a|jou i ~dw gu ulvqgegjb allu+ gjuldo ia
oguvgf|gjb hiul a|jou i hl v|u+ ijkw |jolv u~legagedkkw olagjlo
egve|`udjelu3 djo
o* Rd@| rdu vluvgelo avi` rghhikogjb a|jou avi` hl v|u i vl~dw gulka aiv
ulvqgegjb doqdjelu (~dw`lju i hl v|u gj doqdjel ia hl ulvqgelv‗u lx~lelo
vlelg~ ia a|jou avi` hl ulvqgegjb ia hl kidju' lxel~ du u~legagedkkw ~viqgolo
aiv gj hl Ulvqgegjb Dbvll`lj*
47* _hl Ulvqgegjb Dbvll`lj dkui lx~vluukw gjeiv~ivdlo AHD djo QD ulvqgegjb
b|golkgjlu*
7/31/2019 GALENA STREET FUND, L.P. v. WELLS FARGO BANK, N.A., case number 1:12-cv-00587 in the U.S. District Court for…
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6>* Gj dooggij+ gjo|uvw udjodvou lx~kgegkw ̀ dol d~~kgedfkl fw hl Ulvqgegjb
Dbvll`lj ~vihgfglo Rd@| avi` ̀ dcgjb djw ulvqgegjb doqdjelu hd g cjlr ri|ko fl
|jvleiqlvdfkl*
64* Ij iv dfi| Ul~l`flv 4+ 6>>6+ Ei|jvwrgol ljlvlo gji d ^iikgjb djo
Ulvqgegjb Dbvll`lj (‛^UD‐' rgh d j|`flv ia ~dvglu vlbdvogjb hl Ulvglu 6>>6-6 Ule|vgw*
66* _hd ^UD evldlo d v|u a|jo hd gjek|olo ui`l ia hl `ivbdbl kidju hd
rlvl ~dv ia hl ^|vehdul djo Udkl Dbvll`lj flrllj Rd@| djo Ei|jvwrgol djo
eijl`~kdlo hd hl fljlagegdk gjlvluu gj hl v|u a|jo ri|ko fl uiko gj `|kg~kl ekduulu ia
~duu-hvi|bh elvgagedlu*
65* Ij iv dfi| Alfv|dvw 4+ 6>>5+ Ei|jvwrgol ljlvlo d ^UD rgh d j|`flv ia
~dvglu vlbdvogjb hl Ulvglu 6>>5-V4 Ule|vgw*
6?* _hd dbvll`lj rdu ug`gkdv gj u|fudjel i hl Ul~l`flv 4+ 6>>6 ^UD djo dkui
evldlo d v|u hd rdu `dol |~ ia `ivbdbl kidju hd rlvl ~dv ia hl ^|vehdul djo Udkl
Dbvll`lj flrllj Rd@| djo Ei|jvwrgol* _hl ~vg`dvw ogaalvljel gj hl Ulvglu 6>>5-V4
^UD rdu hd Ei|jvwrgol‗u vgbhu |jolv hl Rd@| ̂ |vehdul djo Udkl Dbvll`lj rlvl ji
duugbjlo i hl v|ull*
6<* D hl ud`l g`l hd hl ̂ UDu rlvl lxle|lo+ Ei|jvwrgol+ Rlkku Advbi+ djo
Rd@| ljlvlo gji d Vleijug|lo Ulvqgegjb Dbvll`lj aiv ldeh v|u* (^kdgjgaa rgkk vlalv i
hl ivgbgjdk Ulvqgegjb Dbvll`lj du ̀ iogaglo fw hl Vleijug|lo Ulvqgegjb Dbvll`lju du hl
‛Ulvqgegjb Dbvll`lj*‐'
7/31/2019 GALENA STREET FUND, L.P. v. WELLS FARGO BANK, N.A., case number 1:12-cv-00587 in the U.S. District Court for…
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61* Gj hiul dbvll`lju+ Ei|jvwrgol duugbjlo gu gjlvluu |jolv hl ivgbgjdk
Rd@| Ulvqgegjb Dbvll`lj i Rlkku Advbi du v|ull+ djo Rd@| dbvllo i eijgj|l i ulvqgel
hl kidju |jolv hl lv`u ia hl ivgbgjdk Ulvqgegjb Dbvll`lj u|fmle i elvdgj ̀ iogagedgiju gj
hl Vleijug|lo Ulvqgegjb Dbvll`lju*
Rlkku Advbi‗u O|glu du _v|ull
62* \jolv fih ̂ UDu+ Rlkku Advbi rdu d~~igjlo v|ull*
68* _hl ^UDu ~viqgolo= ‛_hl ljgw ulvqgjb du _v|ull `dw hdql jiv`dk fdjcgjb
djo v|u vlkdgijuhg~u rgh hl Ol~iugiv djo gu daagkgdlu iv hl @dulv Ulvqgelv+ Ehdul+
Rduhgjbij @||dk djo hlgv daagkgdlu3 ~viqgolo + hirlqlv+ hd u|eh ljgw edjji fl dj
daagkgdl ia hl @dulv Ulvqgelv+ Ehdul iv Rduhgjbij @||dk ihlv hdj hl _v|ull gj gu vikl du
u|eeluuiv i hl @dulv Ulvqgelv+ Ehdul iv Rduhgjbij @||dk*‐ ‛Rduhgjbij @||dk‐ gu
olagjlo i gjek|ol gu u|eeluuivu djo duugbju*
67* Rlkku Advbi rdu djo vl`dgju vlt|gvlo i do`gjgulv hl v|uu gj deeivodjel
rgh hl lv`u ia hl ^UDu ~|vu|dj i rhgeh hl v|uu rlvl evldlo+ djo `|u ei`~kw rgh
ihlv eijvde|dk iv udl kdr o|glu gjek|ogjb hl o|w i ~lvaiv` gu eijvde|dk o|glu rgh
o|l edvl djo hl o|w ia kiwdkw+ rhgeh gjek|olu hl o|w i dqigo eijakgeu ia gjlvluu*
5>* _v|uu+ gjek|ogjb hl v|uu d guu|l gj hgu edul+ dvl evldlo u|eh hd gj `iu
egve|`udjelu+ ijkw hl v|ull gu l`~irlvlo i ~vile hl gjlvluu ia gjqluivu qgu-î-qgu hgvo
~dvglu* Deeivogjbkw+ gjqluivu `|u vlkw ij hl v|ull i udalb|dvo hlgv gjlvluu*
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54* Rlkku Advbi deel~lo gu d~~kgedfkl v|ulluhg~u |jolv egve|`udjelu rhlvl g
cjlr iv uhi|ko hdql cjirj hd gjqluivu‟gjek|ogjb ̂ kdgjgaa‟dvl bljlvdkkw |jdfkl i
udalb|dvo hlgv irj gjlvluu qgu-î-qgu hgvo ~dvglu djo hd hlw (hl v|ullu' hdql hl ~irlv
i ljaivel hl v|uu‗ vgbhu dbdgju hgvo ~dvglu*
^kdgjgaa‗u ^iuggiju gj hl Ule|vgglu
56* Ij iv dfi| Ieiflv 4<+ 6>>6+ ^kdgjgaa ~|vehdulo 4>>, ia hl FF+ F+ djo |jvdlo
ekduulu ia hl Ulvglu 6>>6-6 Ule|vgw*
55* Ij iv dfi| D~vgk 5+ 6>>5+ ^kdgjgaa ~|vehdulo 4>>, ia hl FF+ F+ djo |jvdlo
ekduulu ia hl Ulvglu 6>>5-V4 Ule|vgw*
5?* ^kdgjgaa‗u gjqlu`lj gj hl Ulvglu 6>>6-6 djo 6>>5-V4 Ule|vgglu d~~ldvlo udal
bgqlj hd hl kidju `dcgjb |~ hl ule|vgglu‗ v|uu rlvl dkk u|fmle i lghlv AHD gju|vdjel iv
QD b|dvdjllu*
5<* ^kdgjgaa vlkglo ij hl AHD gju|vdjel djo QD b|dvdjllu rhlj g olegolo i
~|vehdul gu gjlvluu gj hl Ulvglu 6>>6-6 djo 6>>5-V4 Ule|vgglu*
51* ^kdgjgaa vlkglo ij hl eijvde|dk djo ihlv klbdk ifkgbdgiju ia Rd@| djo Rlkku
Advbi rgh vlu~le i hl ulvqgegjb ia kidju djo v|ulluhg~ iqlv hl v|uu rhlj g olegolo i
~|vehdul gu gjlvluu gj hl Ulvglu 6>>6-6 djo 6>>5-V4 Ule|vgglu*
52* ^kdgjgaa‗u vlkgdjel rdu m|ugaglo gj kgbh ia hl gjaiv`dgij ~viqgolo gj hl
iaalvgjb ̀ dlvgdku djo ihlv biqlvjgjb dbvll`lju*
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Jd|vl ia hl Edul
58* _hgu edul dvgulu avi` g`~vi~lv ulvqgegjb fw Rlkku Advbi djo gu ~vloleluuiv
ulvqgelv+ Rd@|+ djo gu adgk|vl gj gu dooggijdk ed~degw du v|ull i ~vile ̂ kdgjgaa dbdgju
kiuulu avi` hl g`~vi~lv ulvqgegjb* Gj luuljel+ Rd@| `dol ulvqgegjb doqdjelu aiv `guulo
fivvirlv ~dw`lju f| hlj `gu`djdblo hl gju|vdjel ekdg` ~vieluu u|eh hd g rdu ji
lkgbgfkl i fl vlg`f|vulo avi` gju|vdjel ~viellou* Du d vlu|k+ Rd@| vlg`f|vulo gulka avi`
v|u duulu djo hlj ~duulo hl kiuulu ij i hl v|uu* ^kdgjgaa g`~kivlo Rlkku Advbi+ du
v|ull+ i ~vlqlj Rd@| avi` vlg`f|vugjb gulka djo g`~iugjb kiuulu ij hl v|uu gj hgu
`djjlv f| ji ijkw ogo Rlkku Advbi adgk i de+ g ei`~i|jolo hl hdv` fw ~duugjb ij hl
kiuulu gulka rhlj g kdlv fi|bh Rd@|‗u ulvqgegjb ~ivaikgi*
57* D`ijb hl ~vifkl`u rgh Rd@|‗u djo Rlkku Advbi‗u hdjokgjb ia hl doqdjelu+
vlg`f|vul`lju+ djo rvgl oirju gu hgu= eijugulj rgh hl rdlvadkk oluevgflo dfiql+ rhlj
hl rvijba|kkw ~dgo ulvqgegjb doqdjelu ed`l gji hl v|uu+ hlw rlvl ~dgo avi` hl i~ oirj+
`ldjgjb hd gjqluivu hikogjb uljgiv ekduulu ia fijou rlvl ~dgo agvu* F| rhlj hl kiuulu
rlvl ~duulo i hl v|uu+ hlw rlvl dfuivflo avi` hl fii` |~+ rg~gjb i| ^kdgjgaa‗u ljgvl
gjqlu`lj* Hdo Rd@| djo Rlkku Advbi ug`~kw vlqlvulo hl doqdjelu+ hd gu+ dclj hl`
avi` hl gjqluivu rhi vlelgqlo hl` vdhlv hdj kldqgjb hl` rgh hl gjqluivu rhi vlelgqlo
hl` djo dcgjb hl` avi` ^kdgjgaa‗u hikogjbu+ dkk gjqluivu ri|ko hdql fllj kla gj hl
~iuggij hlw uhi|ko hdql fllj gj‟`gj|u hl ade hd Rd@| uhi|ko hdql ~lvalelo hl
gju|vdjel ekdg`u gj hl agvu ~kdel* Gj dooggij+ rhlj Rd@| rghovlr gu vlg`f|vul`lju avi`
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hl v|uu+ g d~~dvljkw d̀ol d j|`flv ia o|~kgedl rghovdrdku* Du d eijult|ljel+ ^kdgjgaa
kiu ̀ gkkgiju ia oikkdvu*
?>* D hl ud`l g`l hd Rd@| rdu vlg`f|vugjb gulka aiv doqdjelu g jlqlv uhi|ko
hdql ̀ dol+ djihlv ~vieluu rdu |jolvrdw hd hlk~u lx~kdgj rhw hl v|ull ogo jihgjb i
ui~ Rd@|* _hl v|ull+ Rlkku Advbi+ rdu gj hl ~vieluu ia f|wgjb Rd@|‗u ulvqgegjb ~ivaikgi+
gjek|ogjb ulvqgegjb ia hl Rd@|-ivgbgjdlo kidju gj hl d-guu|l v|uu* Ji ijkw rdu hgu
vdjudegij ~vihgfglo fw hl ^UDu (du eglo dfiql' f| g ~kdelo Rlkku Advbi gj `|kg~kl
eijakgeu ia gjlvlu qgu-î-qgu gu gjqluiv-fljlagegdvglu gjek|ogjb rgh vlu~le i (d' hl laale ia
Rd@|‗u vlg`f|vul`lju ij hl qdk|l djo ~vgel ia hl duul Rlkku Advbi rdu f|wgjb+ (f' gu
~irlv (du v|ull' i ollv`gjl rhlhlv g (du ulvqgelv' ri|ko duu|`l iv vlmle Rd@|‗u
ulvqgegjb kgdfgkgglu+ gjek|ogjb hl kgdfgkgglu d guu|l gj hgu edul+ (e' gu olegugij i eijgj|l
~duugjb kiuulu ij i hl v|uu iqlv rhgeh g rdu v|ull dalv g iic iqlv Rd@|‗u ulvqgegjb+
djo (o' gu adgk|vl i duugu ^kdgjgaa iv dcl djw `ldjgjba|k degij i vl`logdl hl hdv`
u|aalvlo du d eijult|ljel ia Rd@|‗u djo gu irj g`~vi~lv ulvqgegjb*
?4* Rlkku Advbi‗u eijakge ia gjlvlu eijgj|lu i hgu odw‟`ivl hdj agql wldvu
kdlv‟olu~gl gu decjirklob l̀j gj M|kw 6>44 hd g gu ~vluljlo rgh rhd g edkku d ~itljtgdk
eijakge ia gjlvlu djo ei``g`lj i lx~logl hl ~vieluu ia agjogjb d u|eeluuiv v|ull*
Gjuldo+ Rlkku Advbi vl`dgju fih hl v|ull aiv hl ri d-guu|l v|uu djo hl ulvqgelv aiv
`djw ia hl kidju gj hiul v|uu*
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?6* Gj dooggij i gu irj ulvqgegjb kgdfgkgw‟rhlhlv aiv gu irj degiju iv hiul g
gjhlvglo avi` Rd@|‟hlvl gu djihlv lx~kdjdgij aiv Rlkku Advbi‗u vlk|edjel i ~|vu|l
vl`loglu aiv ^kdgjgaa* Gj d vlelj @gjjluid ei|v agkgjb+ Rlkku Advbi duclo hd g fl vl~kdelo
du v|ull ui hd d u|eeluuiv ei|ko ~|vu|l vl~|vehdul ekdg`u dbdgju dj |jdaagkgdlo ivgbgjdiv
aiv ulkkgjb olalegql kidju hvi|bh hl uleijodvw ̀ ivbdbl ̀ dvcl i v|uu iqlv rhgeh Rlkku
Advbi rdu v|ull* Rlkku Advbi ekdg`lo hd fled|ul g ii ivgbgjdlo djo ule|vgg}lo `ivbdbl
kidju+ g ei|ko fl hl dvbl ia ug`gkdv kggbdgij+ djo hlvlaivl rdu adelo rgh d ~iljgdk eijakge
ia gjlvlu* _hd ud`l ~iljgdk eijakge ~vluljlo gulka gj hgu edul rhlj ^kdgjgaa ol`djolo
hd Rlkku Advbi de dbdgju Rd@| rhi+ kgcl Rlkku Advbi+ ivgbgjdlo kidju djo+ d g`lu+
vldgjlo hl ulvqgegjb vgbhu dalv ulkkgjb hl kidju |~uvld`* Rlkku Advbi gjollo agklo d
ei`~kllkw gjlaalegql kdru|g (aiv deeluu i hl kidj agklu g uhi|ko hdql dkvldow hdo' dbdgju gu
alkkir ivgbgjdiv)ulvqgelv Rd@|+ vlu|kgjb d rivhkluu olad|k m|ob`lj* _hgu gu qgv|dkkw
goljgedk i hl cgjo ia u|g Rlkku Advbi jir flkglqlu ~vlulju d kldu d ~iljgdk eijakge ia
gjlvlu*
?5* Fw hgu degij+ ̂ kdgjgaa ullcu vleiqlvw ijkw aiv gu irj kiuulu dvgf|dfkl i hl
eijo|e ~kldolo hlvlgj* G oilu ji agkl olvgqdgqlkw ij flhdka ia hl v|uu iv djw ihlv
gjqluivu jiv gu g vlt|gvlo i* Gjollo+ ihlv gjqluivu gj hl d-guu|l v|uu dvl iv rlvl hl
fljlagegdvglu ia Rlkku Advbi‗u djo)iv gu ~vloleluuiv‗u g`~vi~lv do`gjguvdgij ia hl v|uu+
u|eh hd d olvgqdgql degij hdu hl ~iljgdk i a|vhlv |jm|ukw ljvgeh hl` d ̂ kdgjgaa‗u
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lx~ljul* Jiv gu ^kdgjgaa kg`glo fw hl ui-edkklo ji-degij ekd|ulu ia hl ^UDu+ ugjel g fvgjbu
hgu degij dbdgju gu v|ull djo fled|ul hl v|ull kdfivu |jolv d eijakge ia gjlvlu*
Rd@|‗u Fvldehlu ia hl Ulvqgegjb Dbvll`lj
??* Rd@| adgklo i ulvqgel hl kidju djo vl`g a|jou i hl v|uu ludfkguhlo fw hl
Ul~l`flv 4+ 6>>6 djo Alfv|dvw 4+ 6>>5 ^UDu gj d `djjlv eijugulj rgh hl Ulvqgegjb
Dbvll`lj djo hl gjo|uvw udjodvou ̀ dol d~~kgedfkl i Rd@| |jolv hl lv`u ia hl
Ulvqgegjb Dbvll`lj*
?<* Ga dj |jolvkwgjb ̀ ivbdbl fled`l olkgjt|lj+ Rd@| rdu ifkgbdlo i dl`~
i vleiqlv hl d`i|ju avi` AHD+ du gju|vlv+ iv QD+ du b|dvdjiv* Hirlqlv+ gj qgikdgij ia gu
klbdk ifkgbdgiju+ Rd@| adgklo i ~vi~lvkw `dcl ekdg`u i AHD djo QD+ vlu|kgjb gj hl
vlmlegij ia ekdg`u hd AHD djo QD ihlvrgul ri|ko hdql ~dgo*
?1* Du d vlu|k+ hl ‛kiuu ulqlvgw‐ (olagjlo du hl idk ~viellou avi` hl AHD
gju|vdjel djo QD b|dvdjllu+ kluu djw jij-t|dkgaglo lx~ljulu ia hl rivci| ~vielo|vl+
ogqgolo fw hl kidj fdkdjel d aivlekiu|vl' aiv kidju ulvqgelo fw Rd@| rdu lxel~gijdkkw hgbh*
U~legagedkkw+ Rd@|-ulvqgelo kidju gj hl Ulvglu 6>>6-6 djo 6>>5-V4 Ule|vgglu hdql d rlgbhlo
dqlvdbl kiuu ulqlvgw ̀ ivl hdj oi|fkl hd ia hl Ei|jvwrgol-ulvqgelo kidju gj hl ud`l
v|uu djo ia hl gjo|uvw dqlvdbl ia 5*<, i ?*<, ij AHD)QD kidju*
?2* Jlqlvhlkluu+ dalv g adgklo i `dcl iv `dol g`~vi~lv ekdg`u i AHD djo QD+
Rd@| doqdjelo i hl olugbjdlo v|u (aiv oguvgf|gij i gjqluivu' hl vleiqlvglu hd ri|ko
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ijkw hdql fllj lx~lelo ga AHD djo QD ekdg`u rlvl ~vi~lvkw `dol+ gj qgikdgij ia hl
Ulvqgegjb Dbvll`lj djo d~~kgedfkl gjo|uvw udjodvou*
?8* Rd@| ̀ dol hlul doqdjelu lqlj hi|bh d ~v|olj ulvqgelv ri|ko ji hdql
oijl ui+ hlvlfw ̀ gudkkiedgjb eduh d`ijb hl gjqluivu gj hl v|uu djo ed|ugjb gjeivvle djo
|jjleluudvw kiuulu i ̂ kdgjgaa du d m|jgiv elvgagedlhikolv*
?7* Rd@| eijgj|lo i doqdjel ~vgjeg~dk djo gjlvlu flwijo hl vlelg~ (iv dalv
AHD)QD‗u vlmlegij' ia ^dv D djo ^dv F gju|vdjel ~viellou avi` AHD iv QD+ olu~gl hl ade
hd g cjlr iv uhi|ko hdql cjirj hd hl ulvqgegjb doqdjelu ri|ko fl |jvleiqlvdfkl*
<>* Rd@| olkdwlo ekdg`u i AHD djo QD hlvlfw vlo|egjb iv lkg`gjdgjb hl
vleiqlvw ia ^dv D djo ^dv F gju|vdjel ~viellou+ lxdelvfdgjb hl jlbdgql laaleu ia hl
g`~vi~lv doqdjel`lj ia ~vgjeg~dk djo gjlvlu flrllj vlelg~ ia hl ~viellou*
<4* Fled|ul hikolvu ia uljgiv elvgagedlu vlelgqlo ~dw`lju agvu |jolv hl rdlvadkk+
hlul degiju klo i ldvkw djo g`~vi~lv vlelg~ ia ~vgjeg~dk fw hl gjqluivu rgh hl uljgiv
gjlvluu gj hl ule|vgglu+ i hl olvg`lj ia ̂ kdgjgaa*
<6* Rd@| adgklo i vluivl hl d`i|ju g rghhlko avi` hl v|uu i vl~dw gulka fw
vled~|vgjb hl g`~vi~lv doqdjelu avi` hl uljgiv elvgagedlhikolvu rhi vlelgqlo hl`+ iv fw
~vi~lvkw rghhikogjb u|eh d`i|ju avi` u|fult|lj oguvgf|giju i hiul gjqluivu*
<5* Gjuldo+ Rd@| rvijba|kkw rvil oirj hl ~vgjeg~dk fdkdjel ia hl ~iik ia
`ivbdblu fw udgjb hl g`~vi~lv doqdjelu du vldkg}lo kiuulu* Gj ijl ugjbkl `ijh+ aiv
lxd`~kl+ Rd@| rvil oirj hl ~vgjeg~dk fdkdjel ia ijl ia hl ~iiku fw olekdvgjb iqlv /4*7
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`gkkgij gj vldkg}lo kiuulu+ dj gjevldul fw `ivl hdj 445 g`lu hl d`i|j ia hl kiuulu vldkg}lo
gj hl ~vlqgi|u `ijh*
<?* A|vhlv`ivl+ fdulo ij gjaiv`dgij olqlki~lo hvi|bh d vlqglr ia ulvqgegjb
vleivou+ ̂ kdgjgaa flkglqlu hd Rd@| ̀ dol o|~kgedl vlg`f|vul`lj ekdg`u dbdgju hl v|uu
aiv hl ud`l doqdjelu*
<<* Du d vlu|k ia u|eh rvgl-oirju+ hl eduh dqdgkdfkl aiv oguvgf|gij i ^kdgjgaa du
d m|jgiv elvgagedlhikolv rdu ogvlekw vlo|elo fw hl d`i|j ia `ijlw g`~vi~lvkw doqdjelo i
uljgiv elvgagedlhikolvu+ ed|ugjb d ogvle ̀ ijldvw kiuu ijkw i ̂ kdgjgaa du d m|jgiv
elvgagedlhikolv*
<1* Du d vlu|k ia u|eh rvgl-oirju+ hl fdkdjelu ia ̂ kdgjgaa‗u elvgagedlu rlvl
~vl`d|vlkw vlo|elo i }lvi+ iv ‛rg~lo i|*‐
<2* Ijel d elvgagedl gu rg~lo i|+ hl elvgagedlhikolv ji kijblv vlelgqlu djw
oguvgf|giju avi` hl v|u*
<8* _hvi|bh hl deu oluevgflo dfiql+ Rd@| ed|ulo ^kdgjgaa du d m|jgiv
elvgagedlhikolv i gje|v |jjleluudvw kiuulu o|l i g`~vi~lv doqdjelu+ ~iiv djo g`~vi~lv
hdjokgjb ia hl AHD)QD gju|vdjel ~viellou irgjb i hl v|uu+ g`~vi~lv rghhikogjb ia
`ijlw avi` hl v|uu i vl~dw gulka aiv g`~vi~lv doqdjelu+ o|~kgedl vlg`f|vul`lj ekdg`u i
hl v|uu+ djo g`~vi~lv rvgl-oirj ia hl ~vgjeg~dk fdkdjel ia hl ~iik ia kidju gj hl v|uu+
d`ijb ihlv hgjbu*
<7* ^kdgjgaa hdu gje|vvlo `gkkgiju ia oikkdvu gj od`dblu du d vlu|k*
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Rlkku Advbi‗u ^|vehdul ia Rd@|‗u Ulvqgegjb Vlu|kgjb gj d Eijakge ia Gjlvlu
1>* Gj d Ulvqgegjb Vgbhu ^|vehdul djo Udkl Dbvll`lj odlo du ia M|kw 42+ 6>>1+
Rlkku Advbi fi|bh djo rdu duugbjlo elvdgj ia Rd@|‗u ulvqgegjb vgbhu*
14* \~ij gjaiv`dgij djo flkgla+ Rlkku Advbi‗u ~|vehdul gjek|olo hl vgbhu i
ulvqgel hl kidju hd Rd@| hdo ~vlqgi|ukw ulvqgelo gj hl Ulvglu 6>>6-6 djo Ulvglu 6>>5-V4
Ule|vgglu*
16* Dalv Rlkku Advbi‗u ~|vehdul ia Rd@|‗u ulvqgegjb vgbhu+ Rlkku Advbi flbdj
ulvqgegjb hl kidju hd Rd@| hdo ~vlqgi|ukw ulvqgelo gj hl Ulvglu 6>>6-6 djo Ulvglu 6>>5-V4
Ule|vgglu*
15* \jolv gu dbvll`lj rgh Rlkku Advbi+ rhgeh ijkw fled`l ~|fkge ̀ |eh kdlv+
Rd@| rdu i olkgqlv i Rlkku Advbi hl ulvqgegjb agklu aiv ldeh daalelo kidj‟rhgeh Rd@|
rdvvdjlo rlvl ei`~kll‟rghgj hvll odwu dalv hl d~~kgedfkl vdjualv odl*
1?* Rd@| rdu ifkgbdlo i rivc rgh hl gjqluiv (hlvl+ kidj irjlv iv v|ull' ij
ldeh ulvqgegjb dbvll`lj i hdql hl ulvqgegjb vgbhu duugbjlo avi` Rd@| i Rlkku Advbi*
1<* Rlkku Advbi ri|ko duu|`l Rd@|‗u eijvde|dk ifkgbdgiju i fl ~lvaiv`lo
dalv hl udkl odl ‛djo ~vgiv i hl Udkl Odl i hl lxlj vlt|gvlo fw hl d~~kgedfkl Gjqluiv i
ifdgj hl vlkdlo Gjqluiv Eijulj * * *‐
11* _hl ‛Gjqluiv‐ rgh vlu~le i hl Ulvglu 6>>6-6 djo Ulvglu 6>>5-V4 Ule|vgglu rdu
hl v|ull+ Rlkku Advbi+ rhi hdo fllj duugbjlo Ei|jvwrgol‗u vgbhu |jolv hl Ulvqgegjb
Dbvll`lj*
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12* _hlvlaivl+ rgh vlu~le i hl Ulvglu 6>>6-6 djo Ulvglu 6>>5-V4 Ule|vgglu+ Rd@|
ri|ko fl ifkgbdlo i jlbigdl rgh Rlkku Advbi du v|ull hl lxlj i rhgeh Rlkku Advbi du
ulvqgelv ri|ko duu|`l Rd@|‗u eijugolvdfkl ulvqgegjb kgdfgkgglu*
18* _i odl+ Rlkku Advbi hdu ji oguekiulo hl lv`u+ ga djw+ ia gu duu|`~gij ia
Rd@|‗u ulvqgegjb rgh vlu~le i hl kidju gj hl Ulvglu 6>>6-6 djo Ulvglu 6>>5-V4 Ule|vgglu*
F|+ g lghlv duu|`lo Rd@|‗u kgdfgkgglu iv fvldehlo gu ago|egdvw o|w i dqigo eijakgeu ia
gjlvlu rhlj g ogo ji*
Rlkku Advbi‗u Adgk|vl i ^vlqlj hl G`~vi~lv Vlg`f|vul`lju
17* Gj kdl 6>>1+ ̂ kdgjgaa‟hvi|bh Fvdooiec‟g`~kivlo Rlkku Advbi i |ul gu
d|hivgw du v|ull i ~vlqlj Rd@| avi` g`~vi~lvkw vlg`f|vugjb gulka djo ~duugjb hl kiuulu
ij i hl v|uu*
2>* Fw hd g`l+ Rlkku Advbi hdo dkvldow ljlvlo gji hl daivl`ljgijlo
dbvll`lj i ~|vehdul Rd@|‗u ulvqgegjb ia hl |jolvkwgjb kidju djo Rd@| rdu ~duugjb
|j~vleloljlo kiuulu iji hl v|uu djo u~legagedkkw i ̂ kdgjgaa*
24* Rlkku Advbi iic ji degij i ~vlqlj Rd@| avi` vlg`f|vugjb gulka avi` hl
v|uu‗ duulu iv ~duugjb hl kiuulu ij i hl v|uu*
26* Du d eijult|ljel ia gu adgk|vl i ~vlqlj iv `gjg`g}l Rd@|‗u ulka-
vlg`f|vul`lj djo ~duugjb ia kiuulu ij i hl v|uu+ Rlkku Advbi det|gvlo kluu ia Rd@|‗u
ulvqgegjb-vlkdlo kgdfgkgw djo olf hdj g ihlvrgul ri|ko hdql*
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25* Gjollo+ dalv duu|`gjb Rd@|‗u ulvqgegjb o|glu+ Rlkku Advbi eijgj|lo i ~duu
kiuulu avi` hl ud`l g`~vi~lv ulvqgegjb doqdjelu djo vlg`f|vul`lju i hl v|uu*
Rlkku Advbi‗u Uhd` U|g Dbdgju Rd@|
2?* Gj Olel`flv 6>>1+ ̂ kdgjgaa (hvi|bh Fvdooiec' gjaiv`lo Rlkku Advbi+ gj gu
ed~degw du v|ull ia hl Ulvglu 6>>6-6 djo 6>>5-V4 Ule|vgglu+ ia gu flkgla hd Rd@| hdo
qgikdlo hl Ulvqgegjb Dbvll`lj+ du oluevgflo dfiql djo hd ̂ kdgjgaa hdo u|aalvlo od`dblu
du d vlu|k*
2<* Gj vlu~ijul+ Rlkku Advbi ekdg`lo hd g jllolo i vlqglr Rd@|‗u ulvqgegjb
vleivou+ f| ei|ko ji*
21* _hl Ulvqgegjb Dbvll`lj ekldvkw ulu aivh Rlkku Advbi‗u vgbh i ol`djo djo i
vlqglr Rd@|‗u ulvqgegjb vleivou+ ~viqgogjb hd hl v|ull+ hdu hl ‛vgbh+ d gu lx~ljul+ i (g'
lxd`gjl djo d|og hl Ulvqgelv‗u fiicu ia deei|j+ vleivou+ vl~ivu+ djo ihlv vl~ivu vlkdgjb
i * * * (x' hl ~lvaiv`djel fw hl Ulvqgelv ia gu ifkgbdgiju djo o|glu |jolv hl Dbvll`lj+ iv
(w' hl @ivbdbl Kidju+ (gg' ̀ dcl ei~glu djo lxvdeu hlvlavi`+ djo (ggg' ogue|uu hl daadgvu+
agjdjelu+ djo deei|ju ia hl Ulvqgelv vlkdgjb i u|eh ~lvaiv`djel rgh hl Ulvqgelv‗u iaagelvu
djo l`~kiwllu+ dkk d u|eh g`lu djo ~kdelu+ djo rgh u|eh avlt|ljew+ du `dw fl vlduijdfkw
vlt|lulo*‐ (_hlul vgbhu dvl vlalvvlo i hlvlgj du hl ‛lxd`gjdgij vgbhu*‐'
22* Rlkku Advbi ogo ji oguekiul hd Rd@| rdu dkui eijvde|dkkw ifkgbdlo i
~viqgol g rgh hl ulvqgegjb vleivou rgh vlu~le i hl kidju aiv rhgeh Rlkku Advbi hdo
duu|`lo ulvqgegjb+ rhlhlv degql iv ~dgo-iaa*
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28* Ij Ul~l`flv 48+ 6>>2+ Rlkku Advbi agklo u|g dbdgju Rd@| gj alolvdk oguvge
ei|v aiv hl Eljvdk Oguvge ia Edkgaivjgd ullcgjb u~legage ~lvaiv`djel ia Rd@|‗u ifkgbdgij i
~lv`g Rlkku Advbi i vlqglr hl ulvqgegjb vleivou+ gj deeivodjel rgh Rlkku Advbi‗u
lxd`gjdgij vgbhu |jolv hl Ulvqgegjb Dbvll`lj*
27* Ij Mdj|dvw 4?+ 6>>8+ hl alolvdk oguvge ei|v ogu`guulo hl u|g aiv kdec ia
u|fmle-`dlv m|vguogegij* Ij Mdj|dvw 6?+ 6>>8+ Rlkku Advbi vl-agklo gu u|g aiv u~legage
~lvaiv`djel gj Kiu Djblklu U|~lvgiv Ei|v*
8>* Gj gu Ei`~kdgj+ Rlkku Advbi do`glo gu o|w i vlqglr ulvqgegjb agklu+
~kldogjb hd rghi| ei|v vlkgla+ ‛Rlkku Advbi edjji a|kagkk gu ifkgbdgiju i hl _v|u
fljlagegdvglu Sg*l* hl elvgagedlhikolvu u|eh du ^kdgjgaaP i vlqglr hl ulvqgegjb vleivou ia
Rduhgjbij @||dk vlkdgjb i hl `ivbdbl kidju irjlo fw hl _v|u*‐
84* Ij Ul~l`flv 6<+ 6>>8 Rd@| rdu ulg}lo fw hl AOGE djo ~kdelo gj
vlelgqlvuhg~* M^@ivbdj Ehdul Fdjc+ J*D* (‛Ehdul‐' hlj ljlvlo gji d ‛Rhikl Fdjc‐
^|vehdul djo Duu|`~gij Dbvll`lj rgh hl AOGE djo Rd@| rhlvlfw g duu|`lo ̀ iu
kgdfgkgglu ia Rd@|+ f| hdo 46> odwu i olegol rhgeh Rd@| eijvdeu (u|eh du ulvqgegjb
dbvll`lju' g ri|ko duu|`l* Rd@|‗u hikogjb ei`~djw agklo aiv fdjcv|~ew ~vilegij
uhivkw hlvldalv*
86* Ij M|kw 41+ 6>>7+ Rlkku Advbi doolo Ehdul du d olaljodj i gu u|g dbdgju
Rd@|*
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85* Gj vlu~ijul i Rlkku Advbi‗u ̀ igij aiv u|``dvw m|ob`lj rgh vlu~le i gu
lxd`gjdgij vgbhu+ Ehdul udlo hd Rlkku Advbi hdo dkvldow ifdgjlo hl qdu ̀ dmivgw ia hl
ulvqgegjb agklu g ui|bh rhlj g ~|vehdulo Rd@|‗u ulvqgegjb vgbhu gj 6>>1* Ehdul ~viqgolo dj
|jugbjlo lxle|gij ei~w ia hl dbvll`lj flrllj Rd@| djo Rlkku Advbi hd g ai|jo gj
Rd@|‗u agklu* Ehdul dkui vl~vluljlo hd g hdo dkvldow ~vio|elo i Rlkku Advbi hl ulvqgegjb
agklu aiv ̀ ivl hdj ?>> kidju hd hdo kgt|godlo flaivl Rlkku Advbi‗u ~|vehdul ia Rd@|‗u
ulvqgegjb gj 6>>1*
8?* Rd@|‗u divjlwu duulvlo ij M|jl 42+ 6>4> hd Ehdul hdo lxlvegulo gu i~gij
gj hl Rd@| ̂ |vehdul djo Duu|`~gij Dbvll`lj i vlmle hl ulvqgegjb dbvll`lju vlkdgjb
i hl Ulvglu 6>>6-6 djo Ulvglu 6>>5-V4 kidju+ djo ui Ehdul ei|ko ji fl kgdfkl ij hiul
dbvll`lju*
8<* Ij M|jl 42+ 6>4>+ Rlkku Advbi qik|jdvgkw ogu`guulo Ehdul du d olaljodj*
81* Rlkku Advbi ~viellolo i ifdgj d `ldjgjbkluu olad|k m|ob`lj aiv u~legage
~lvaiv`djel ia gu lxd`gjdgij vgbhu dbdgju Rd@|+ rhgeh d hd ~igj rdu dj l`~w uhlkk‟
hl AOGE rdu gu vlelgqlv+ djo Ehdul rdu gu u|eeluuiv aiv `iu ~|v~iulu*
82* Gj dvb|gjb i ifdgj hgu rivhkluu vl`low ij M|jl 64+ 6>4>+ Rlkku Advbi‗u
divjlwu dvb|lo hd ‛SgPa Rlkku Advbi oilu ji ifdgj m|ob`lj dbdgju Rd@|+ Rlkku Advbi
ei|ko fl lx~iulo i ekdg`u fw fljlagegdvglu ia hl v|u (rhgeh fljlagegdvglu dvl gjqluivu gj hl
`ivbdbl kidj ~iiku' hd Rlkku Advbi adgklo i ~vile hl fljlagegdvglu‗ gjlvlu*‐
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88* Dkk hl rhgkl+ g rdu Rlkku Advbi rhi hdo+ iv uhi|ko hdql hdo+ ~iuuluugij ia (du
ulvqgelv' ga ji hl klbdk vgbh i deeluu (du v|ull' dkk ia hl ulvqgegjb agklu hd g rdu u|gjb
Rd@| i gju~le*
87* D hl ud`l g`l+ Rlkku Advbi rdu vl~vluljgjb i ̂ kdgjgaa hd g ei|ko ji
duuluu ̂ kdgjgaa‗u ekdg`u hd Rd@| hdo g`~vi~lvkw ulvqgelo kidju gj hl Ulvglu 6>>6-6 djo
Ulvglu 6>>5-V4 Ule|vgglu fled|ul g ogo ji hdql hl ulvqgegjb agklu aiv hiul kidju*
7>* Dalv ifdgjgjb hl alr ulvqgegjb agklu avi` Ehdul+ Rlkku Advbi ~viqgolo hl` i
^kdgjgaa i vlqglr aiv ulvqgegjb lvvivu* Hirlqlv+ hd ~vio|egij+ rhgeh iic rlkk iqlv ri
wldvu i ifdgj+ eijdgjlo hl ulvqgegjb agklu aiv ijkw ?47 ia hl 65+75? `ivbdbl kidju d guu|l‟
kluu hdj 6, ia hl agklu vlklqdj i ^kdgjgaa‗u ekdg`u*
74* Jlqlvhlkluu+ ̂ kdgjgaa‗u vlqglr ia hd kg`glo ud`~kl ia agklu vlqldklo hd
Rd@| ~duulo lxeluugql kiuulu djo+ gj ui`l edulu+ o|~kgedlu kiuulu+ ij i hl v|uu*
Rlkku Advbi‗u Kiuu iv Oluv|egij ia Ulvqgegjb Agklu
76* Gj eijjlegij rgh Rlkku Advbi‗u ~vio|egij ia hl kluu hdj <>> ulvqgegjb agklu g
hdo ifdgjlo avi` Ehdul+ ^kdgjgaa dkui kldvjlo aiv hl agvu g`l hd elvdgj agklu ei|ko ji fl
~vio|elo fled|ul hlw rlvl lghlv kiu iv oluviwlo fw Rlkku Advbi*
75* _hl ulvqgegjb agklu dvl iv rlvl kgclkw i eijdgj dooggijdk lqgoljel ia Rlkku
Advbi‗u kgdfgkgw*
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7?* Ij gjaiv`dgij djo flkgla+ ui`l iv dkk ia hl ulvqgegjb agklu rlvl kiu iv
oluviwlo dalv djgeg~dgij djo)iv ei``ljel`lj ia kggbdgij vlkdlo i hl ̀ dlvu ul aivh
hlvlgj+ ia rhgeh Rlkku Advbi rdu d ~dvw iv rdu drdvl*
AGVU_ ED\UL IA DE_GIJ
(Aiv Fvldeh ia Ago|egdvw O|w'
7<* ^kdgjgaa gjeiv~ivdlu fw vlalvljel hl aivlbigjb dkklbdgiju du hi|bh a|kkw ul
aivh hlvlgj*
71* Du v|ull ia hl Ulvglu 6>>6-6 djo 6>>5-V4 Ule|vgglu+ Rlkku Advbi irlo djo
eijgj|lu i irl ago|egdvw o|glu i hl v|uu djo hl elvgagedlhikolvu ia hiul v|uu+
gjek|ogjb (d' hl o|w ia kiwdkw+ (f' hl o|w i dqigo eijakgeu ia gjlvlu+ (e' hl o|w ia
g`~dvgdkgw d`ijb v|u fljlagegdvglu+ (o' hl o|w ia edvl+ (l' hl o|w i ~vlqlj hl kiuu ia
v|u duulu+ djo (a' hl o|w ia a|kk oguekiu|vl*
72* Rlkku Advbi+ gj gu ed~degw du v|ull+ fvldehlo gu ago|egdvw o|glu i ^kdgjgaa
rhlj g kdfivlo |jolv d eijakge ia gjlvlu djo+ du ul aivh `ivl a|kkw dfiql+ adgklo i duu|`l
iv ei`~ljudl ̂ kdgjgaa aiv Rd@|‗u ulvqgegjb-vlkdlo kgdfgkgw+ ~lv`glo gulka i de du ulvqgelv
olu~gl gu eijvde|dk gjlkgbgfgkgw+ ~duulo kiuulu aiv g`~vi~lv ulvqgegjb doqdjelu djo
vlg`f|vul`lju ij i hl v|uu+ adgklo i ~vlqlj Rd@| avi` g`~vi~lvkw vlg`f|vugjb gulka aiv
ulvqgegjb doqdjelu djo ~duugjb hl duuiegdlo kiuulu ij i hl v|uu+ adgklo i oguekiul i
^kdgjgaa hd g hdo iv uhi|ko hdql hdo deeluu i oie|`ljdgij jleluudvw i gjqlugbdl
Rd@|‗u g`~vi~lv ulvqgegjb degqgglu+ adgklo i ~|vu|l vl`loglu ij flhdka ia ̂ kdgjgaa iv
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ihlvrgul dgo ̂ kdgjgaa gj gu laaiv i ~|vu|l vl`loglu+ djo kiu iv oluviwlo oie|`ljdgij
kgclkw i eijdgj lqgoljel ia Rd@|‗u djo)iv gu irj ulvqgegjb-vlkdlo kgdfgkgw*
78* Rlkku Advbi‗u fvldeh ia gu ago|egdvw o|glu i ̂ kdgjgaa ed|ulo hdv` i ̂ kdgjgaa*
77* ^kdgjgaa u|aalvlo od`dblu*
ULEIJO ED\UL IA DE_GIJ
(Aiv Fvldeh ia Eijvde'
4>>* ^kdgjgaa gjeiv~ivdlu fw vlalvljel hl aivlbigjb dkklbdgiju du hi|bh a|kkw ul
aivh hlvlgj*
4>4* Rlkku Advbi djo Rd@| ljlvlo gji fgjogjb djo qdkgo eijvdeu du ul aivh
dfiql+ gjek|ogjb hl Ulvqgegjb Dbvll`lj*
4>6* ^kdgjgaa fled`l d ~dvw i hl Ulvqgegjb Dbvll`lj djo)iv fled`l dj gjljolo
djo)iv aivlulldfkl hgvo-~dvw fljlagegdvw ia hd dbvll`lj rhlj g ~|vehdulo hl |jvdlo+ F-
vdlo+ djo FF-vdlo gjlvluu gj hl Ulvglu 6>>6-6 djo Ulvglu 6>>5-V4 Ule|vgglu*
4>5* ^kdgjgaa a|kkw ~lvaiv`lo gu ifkgbdgiju rhlj ~dgo aiv gu elvgagedlu gj hl Ulvglu
6>>6-6 djo Ulvglu 6>>5-V4 Ule|vgglu*
4>?* Rlkku Advbi djo)iv Rd@| fvldehlo hl Ulvqgegjb Dbvll`lj fw adgkgjb i
~vi~lvkw do`gjgulv gju|vdjel ekdg`u+ g`~vi~lvkw doqdjegjb u|`u i uljgiv elvgagedlhikolvu
gj hl Ulvglu 6>>6-6 djo Ulvglu 6>>5-V4 v|uu+ vlg`f|vugjb gulka aiv gu g`~vi~lv ulvqgegjb
doqdjelu djo hlj rvggjb oirj hl ~vgjeg~dk fdkdjelu ia hl kidju gj hl v|uu‗ ~iiku+ du ul
aivh gj `ivl oldgk dfiql*
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4><* Rlkku Advbi‗u djo Rd@|‗u fvldehlu ia hl Ulvqgegjb Dbvll`lj hdv`lo
^kdgjgaa*
4>1* ^kdgjgaa u|aalvlo od`dblu*
4>2* Rlkku Advbi duu|`lo iv uhi|ko fl oll`lo i hdql duu|`lo Rd@|‗u kgdfgkgglu
|jolv hl Ulvqgegjb Dbvll`lj+ gjek|ogjb hl kgdfgkgw aiv Rd@|‗u fvldehlu oluevgflo dfiql+
lghlv gj gu eijvde duu|`gjb u|eh ulvqgegjb+ iv du d `dlv ia kdr djo lt|gw+ fled|ul djw
adgk|vl i oi ui rdu gj fvldeh ia Rlkku Advbi‗u ago|egdvw o|glu*
_HGVO ED\UL IA DE_GIJ
(Aiv Fvldeh ia hl G`~kglo o|w ia Biio Adgh djo Adgv Oldkgjb'
4>8* ^kdgjgaa gjeiv~ivdlu fw vlalvljel hl aivlbigjb dkklbdgiju du hi|bh a|kkw ul
aivh hlvlgj*
4>7* _hl o|w ia biio adgh djo adgv oldkgjb gj g`~kglo gj lqlvw eijvde*
44>* Rlkku Advbi gulka‟du v|ull djo ulvqgelv‟djo du u|eeluuiv ulvqgelv i Rd@|+
fvldehlo hl g`~kglo o|w ia biio adgh djo adgv oldkgjb rhlj g ol~vgqlo ^kdgjgaa ia hl
fljlagu i rhgeh g rdu ljgklo |jolv hl biqlvjgjb dbvll`lju+ gjek|ogjb hl ^UDu djo hl
Ulvqgegjb Dbvll`lj+ du ul aivh ̀ ivl a|kkw dfiql*
444* Rlkku Advbi‗u fvldeh ia hl g`~kglo o|w ia biio adgh djo adgv oldkgjb hdv`lo
^kdgjgaa*
446* ^kdgjgaa u|aalvlo od`dblu*
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AI\V_H ED\UL IA DE_GIJ
(Aiv Jlbkgbljel'
445* ^kdgjgaa gjeiv~ivdlu fw vlalvljel hl aivlbigjb dkklbdgiju du hi|bh a|kkw ul
aivh hlvlgj*
44?* Rlkku Advbi djo)iv gu ~vloleluuiv+ Rd@|+ adgklo i |ul hl olbvll ia edvl hd d
vlduijdfkw ~v|olj v|ull djo)iv ulvqgelv ri|ko |ul gj hl ud`l egve|`udjelu*
44<* Rlkku Advbi‗u adgk|vl i dohlvl i hl vlt|gugl udjodvo ia edvl ed|ulo hdv` i
^kdgjgaa*
441* ^kdgjgaa u|aalvlo od`dblu*
AGA_H ED\UL IA DE_GIJ
(Aiv \jm|u Ljvgeh`lj'
442* ^kdgjgaa gjeiv~ivdlu fw vlalvljel hl aivlbigjb dkklbdgiju du hi|bh a|kkw ul
aivh hlvlgj*
448* Rlkku Advbi rdu ljvgehlo fw gu irj djo Rd@| vlg`f|vul`lj ia g`~vi~lvkw
doqdjelo ̀ ijglu
447* Rlkku Advbi rdu ljvgehlo d ̂ kdgjgaa‗u lx~ljul*
46>* Lt|gw djo biio eijuegljel ̀ gkgdl dbdgju ~lv`ggjb Rlkku Advbi i vldgj
rhd ̂ kdgjgaa gu ullcgjb i vleiqlv*
^VDWLV AIV VLKGLA
RHLVLAIVL+ ̂ kdgjgaa Bdkljd Uvll A|jo+ K*^* vlt|luu m|ob`lj dbdgju Olaljodj
Rlkku Advbi du aikkiru=
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D* Aiv od`dblu deeivogjb i ~viia3
F* Aiv ~|jggql od`dblu i hl lxlj dkkirdfkl3
E* Aiv vlug|gij+ ̀ dcl rhikl+ iv ihlv vl`low ~kdegjb ̂ kdgjgaa gj hl ~iuggij g
ri|ko hdql fllj gj f| aiv hl `gueijo|e dkklblo hlvlgj*
O* Aiv gu divjlwu‗ allu+ eiuu+ djo lx~ljulu gj hgu degij du dkkirlo |jolv hl
Ulvqgegjb Dbvll`lj djo d~~kgedfkl kdr3
L* Aiv ~vlm|ob`lj gjlvlu3 djo
A* Aiv u|eh a|vhlv vlkgla du hl Ei|v oll`u d~~vi~vgdl*
OL@DJO AIV M\VW _VGDK
^kdgjgaa hlvlfw ol`djou d m|vw vgdk ij dkk `dlvu ui vgdfkl*
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7/31/2019 GALENA STREET FUND, L.P. v. WELLS FARGO BANK, N.A., case number 1:12-cv-00587 in the U.S. District Court for…
http://slidepdf.com/reader/full/galena-street-fund-lp-v-wells-fargo-bank-na-case-number-112-cv-00587 28/28
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