InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,180.74
(
1.03%
)
US TECH 100
17,598.80
(
1.03%
)
Dow Jones
38,852.27
(
0.46%
)
Brent Oil
83.34
(
-0.16%
)
Bitcoin
63,393.59
(
0.36%
)
Post# of 1836
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Jh5142

Send PM Follow Ignore
Followers 2
Posts 273
Boards Moderated 0
Alias Born 10/07/2017

Jh5142

Member Level

Re: Phaedrus77 post# 333

Monday, 09/10/2018 10:50:15 AM

Monday, September 10, 2018 10:50:15 AM

Post# of 1836
After reading through both UDF’s info and Bass, I do not think a jury will be sympathetic to Bass.

His actions were excessive. An example, if true, is that Hayman allegedly sent anonymous packages to municipalities in an attempt to interfere with the entitlements and/or approvals for developments.

That seems to me to be interference well beyond just letting people know there are concerns with UDF’s loan portfolio.

I could name other examples but that is the clearest example in my mind that Bass overstepped and seems vulnerable to UDF in the lawsuit.

The damages to UDF are in the hundreds of millions of dollars. Bass could have a lot of exposure here.
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up