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Re: LuckyPanda post# 472450

Wednesday, 02/22/2017 6:45:30 PM

Wednesday, February 22, 2017 6:45:30 PM

Post# of 726776
I'm not saying it's impossible but as I see it, the LT is the sole arbiter and agent for the estate and it's assets, bar none.

From the language presented, they are bound by both agreements, the POR and the LTA.

IMO, during mediation the TPS group could have insisted that they had to be made whole before Commons saw any return.

The 75/25 split was the compromise made that allowed common equity to survive past confirmation.

I honestly don't see how this agreement can now be disregarded based on technical arguments after the fact.

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