Remember how you learned that 猶予 means "extension?" Well you wake up ready to sue people when you're told there has been an extension, meaning there was a suspension of indictment on your case. What the heck, you woke up ready for this! Now you have to wait to try and sue them.
This is a jukugo word that uses the on'yomi readings of the kanji. You should be able to read this on your own.
The suspension of indictment punishment was passed.