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Is that filing with the District Court? I do not see it on EPIQ. Can you please post the filing? Thanks.
Toogood, I am only telling you the truth on how you are perceived. All you got to do is go back and reread your posts to see that I am right.
"You can't handle the truth."
Look at your previous posts. That is all I got to say.
Attacking Stox was just uncalled for. Not cool.
You do know everyone is just laughing at you at this point, right? Lol
Try?
Anyways, like I said, you have no clue what is going on.
Go back and reread the deal. And remember if we get paid as a result of any of the 4Ws lawsuits, I expect half your gains. V.
Let me put it this way to you. As of right now, if the 4Ws win any of their lawsuits, you owe me half you gains. That was the deal.
What does the double cross symbol mean?
Swiss, I now expect half your gains if the 4Ws win any of their lawsuits. Read our deal.
I am almost sure those are LBHI. Those should be off balance sheet and brought back in at some point.
Okay, its cool. I just want to understand your point. Now, I do.
LBI is the brokerage arm of LBHI. CTs are LBHI subordinated debt. Barclays initially wanted to buy all of LBHI but the gov would not guarantee the mortgage losses of LBHI, so it fell through and Barclays only bought LBI.
The CT obligations remained with LBHI.
Barclays purchase does not include the assumption of the CTs. The Barclays purchase happened in 2008 while the motion to disallow and expunge the guarantee was filed and approved by Judge Peck's order in 2011. Both were handled by the lawfirm WGM.
That is a good movie and a good quote to describe toogood and swisscheese.
Fact for you Swisscheese and toogood. The Guarantee no longer exist and both of your theories are obsoleted. Everytime you try to sell your obsoleted theories, or any other theories that involves the guarantee or a no discharge, you are only trying to pass lies as you know the guarantee does not exist.
That is a cold hard fact for you.
Afterlife? Please. Not without the guarantee.
Good. I am glad you finally recognize that there is not a guarantee. Now, you need to next recognize you have been wrong since day one you posted here.
I don't need to leave. You do. Why dont you leave?
Are you stupid, Swiss? Rex still have a motion out there. Don't blame me if you do not know how to DD.
Again, confirm that you accept the bet with the terms stated. Otherwise, you are nothing but a chump trying to weasel in shares.
Confirm it swiss.
Swiss and toogood, I am not here to battle you guys. I just want to learn and gain info about the CTs.
All I wanted to do at the start of all this was to report to the group after talking to Rex that our Guarantee no longer exists. I was not expecting to get attacked for that.
Who am I to say any theory is garbage?
If you would like, I strongly recommend you both do some DD.
Good Luck to us all. I am going to spend my time back on the fnf boards. V.
No one have to post anything for you. If you do not know how to DD, that is on you. Cottonisking and others already posted all the info you need to find the motion.
We will not spoon feed you the info. Do some work.
Swiss, are you accepting the terms that if all the lawsuits are lost, you can have my CT shares and if the 4Ws win any lawsuits I get half your gains?
Accept this if you want it otherwise all your talk about the bet is BS. Accept the bet and I will confirm.
You keep talking about it. Man up and accept it. So we can make it official. Don't play games. That is pathetic on your part.
Look, no need to get testy with me. I informed the board about the biggest fact we all missed.
That is the Guarantees are disallowed and expunged.
Without the Guarantee all we got is the 10b claim which imo will be discharged.
Now, you claim that you knew that the guarantee does not exist and that I AM LOOKING FOR IT?
Bro, I am not looking for it. You are the one dreaming that it still exists. Anyone can look at your previous post and can tell you always thought the guarantee existed until the point I told the board.
So, please stop. Dont try to switch things. It will not work with me toogood.
Good luck to you.
Which one? Lol. You dont know. Do you? ECAPs argument is not all lost. Its still ongoing
What is the remaining ECAPs argument about? Do you even know? I bet you don't. You are just talking crap because you cant handle the situation we are in which renders all your scenarios, the reasons you are here, OBSOLETE.
Don't deny this. You know I am right. The board knows I am right. But, its ok. We are on the same boat.
Good luck and hopefully you will do some DD.
Which one?
Which motion is that?
Jim, you want to be with "subject to compromise"? What? Are you serious?
We will just agree to disagree. Good luck to us all.
I have facts. That is something you can't handle. You have neither common sense or the understanding on what is going on.
You have nothing.
What do you have? Entertain us toogood!
Bro, stop. Lets just agree to disagree. Now, you are twisting my words. I am not going to play games with you.
I never said or asked if chapman is a creditor? What is that?
You are no longer worth my time. You can't handle the truth.
Fact: Our Guarantee is no more and right now, Rex is trying to fix that to save all of us. Without the guarantee we have nothing.
You can use "common sense" and apply it to law if you want.
Good luck.
Bro, are you for real to ask that question after all the stuff you try to sell and reference ecaps?
The answer is lbie will continue their business and will be a going concern. ECAPs will get paid from LBIE.
That is far from our situation. Come on,bro.
So, some say use common sense when talking about law??
I did comment on it. Go back and read my posts. This clown is smarter than you think.
LMFAO. touche, touche. I agree 100%.
The facts are our Guarantees are no longer effective. It is your "believe" that class 12 will get paid and therefore out 10B claim will be paid too. That is your believe and you are entitled to it. But, not everyone share your believe and if your believe can become reality is yet to be proven.
We can all dream. You can have your dream too. But, I am going to be realistic. LBHI said they will use the discharge. And if you think they will use the discharge on the higher classes only and save the rest of the after life NOL company for CT holders and equity then, good for you. I hope you are right.
LBHI also already said they will use the NOLs to offset the discharge. And there will be zero NOLs after that. You can also ignore that fact. Its all good. We can all dream.
I no longer believe in the NOL afterlife theory anymore without the continuing existence of the Guarantee. And without the protection of the discharge provision, that is where we are heading.
Keep in mind, LBHI do not need the CTs for a supposedly NOL afterlife company. They don't even need equity and can still utilize the NOLs fully as per an exemption. With that said, even if they were to include the current equity for the NOL company, why would they include our CTs if they are not obligated too. Because they like the CTs so much? Keep in mind we no longer have the Guaranatee which houses the "quasi" provision. We are not quasi anything. They will include the CTs in the afterlife company because they like and favor us. right. Like I said, we can all dream and you are entitled to yours too. Good Luck. V.
Our Guarantees are "disallowed and expunged" as of Dec 2011 when it was ordered.
Those are the facts. Research what it means to be disallowed and expunged.
I do not believe there is an afterlife for us without the Guarantee. That opinion, I agree with the 4Ws.
I think Chapman does. I am going to send this to sexy rexy for him to DD.
Imagine if she does, sexy rexy will go off after chapman's sanction threat. Keep him silent so she and her family can benefit from the illegal gains.
What caught my attention with Rex is that he said that chapman can sanction him but, he can call for judicial reviews. He will do everything in his power as an American to uphold his rights. He dude said, the sanctions did not scare him but instead pissed him off and motivated him to fight on for our rights as CT holders.
Maybe Rex should contact Judge Roberts if Chapman or her family ends up owning shares of senior creditors.
That will be good cinema. Get your popcorn ready.
Late or not, as we stand right now, the only thing we will get is a discharge. Without the Guarantee, we get nothing.
Weather there are NOLs or not, we won't see any afterlife value if we can't survive the discharge. We also need to be "quasi" for this to work and guess what, we are not quasi anything without the Guartantee. We need the Guarantee, without it my friend, we are done.
My advice is to get as many chances to win as you can. I am going to support the 4Ws and their lawsuits because we do not have another path.
The joke was on us all this time.
Dude, that is what I said and got attacked for saying it. We currently do not have a guarantee and without the guarantee we are not quasi anything. We are not protected by the guarantee anymore folks.
How does a set-off play into which class you belong to? I did not understand that when it was explained to me. Thanks
Does Judith Chapman or her family own any stock of the creditors? We need to look into this! How about the District Court judge?
https://www.yahoo.com/news/chief-justice-judges-must-better-230100308.html
My basis are about 5s and 8s for my jps and 2-3ish for commons. I am not selling. I believe we will get back to that point and beyond. Lets start winning some lawsuits.
Can you sum it up for us in a few sentences? thanks
You and toogood were talking about it. Do you deny toogood said it and you followed along that lbhi common stocks are in our CT Trust?
Tell me what you are trying to say with this hot mess of a post?
Are you trying to say that we need to approve the final distribution of 25k for each class and if we don't the trustee can't accept it? If so, you better go back and read the prospectus in its entirety buddy and reference it to the court filings.
Also, if you are trying to say lbhi needs our approval to discharge us, you are even more out there than I thought.
Anyways, you continue on with your scenarios. I will comment no more on them as they nowhere reflects reality.
Good luck to you though.