By Alex Distefano
By Scott Snowden
By Anna Merlan
By Steve Almond
By Jena Ardell
By Jon Campbell
By Alan Scherstuhl
By Tessa Stuart
LF founder Jeffrey Kittay had no comment when the Voice reported on the lawsuits in January, but now he has spoken out, sort of.
In a March 5 e-mail to the writers "and others" who are being sued, Kittay wrote: "As I have been saying to some of you since we learned of the bankruptcy trustee's actions, I and my associates . . . continue to be distressed that the trustee has sought to reverse these payments. [The trustee] is appointed by the bankruptcy court and acts independently. We have no control or influence over his actions, and have had no contact with him regarding the pursuit of anyone who has received payments.
"Furthermore, we are skeptical that in the final analysis many of these legal efforts will benefit whichever creditors may remain. As far as we are concerned, they are counterproductive."
Observers note that if Kittay aims to benefit his creditors, he could stipulate that their claims be paid before those of the investors. The clock is ticking.