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Monday, August 22, 2016 12:02:15 PM
What 15.2 basically says is that if LBHI owns some assets they can be packaged in an entity and have shares issued. Those shares would then have a value placed on them and then distributed to creditors as to the plan.
You must be kidding??
Right?
And why don't they simply liquidate those " assets" instead of "packing" it in an entity, issue shares and distribute to creditors?
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