We mentioned earlier (several weeks ago) that there was a lot of activity in the BTU litigation against Betancourt as well as McBrearty. Wael was attempting to convince US Federal Court that there's a huge web of conspirators, involving Betancourt, McBrearty, Betancourt's former defense counsel, a lawyer that Betancourt and McBrearty jointly consulted regarding BTU's (i.e. Wael Almazeedi's) business practices, etc.
Wael, through Foley Hoag, filed almost 150 pages of legal pleadings with US Federal Court in the past three weeks. [Note: if you read closely you will notice that Foley Hoag took a lot of WilmerHale's former filings almost VERBATIM and passed them off as their own.]
We didn't want to publish anything until while final decisions by US Federal Court were still pending.
The judge in US Federal Court took just two weeks (after all the filings and verbal arguments from all the lawyers involved were submitted) to issue a decision. Wael had filed a Motion to Compel Betancourt to produce dozens of pages of privileged legal communication amongst Betancourt, McBrearty, as well as their joint attorney. The judge ruled that Wael could only get the date and time of those communications and NOT their content....
This means that Wael's strategy of buying more time by "ensnaring" more people and law firms in his pleadings of CONSPIRACY to US Federal as well as Massachusetts State courts.... IS OVER.
Wael claims to be a "careful steward" of his investor's money.... Yet he keeps on spending money on litigation that gets nowhere on its merits. He's spending tons of the Middle East investors' money on lawyers. Yet, the Middle East investors have actually made their desire to have their investment redeemed (i.e. "returned to them") very clear a long time ago (going back at least 4 years).
Why are Wael Almazeedi and Mitsue Oishi spending all this money??? As they say, "where there is smoke there is fire".
