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Re: wayne49 post# 477383

Wednesday, 10/10/2018 12:37:01 PM

Wednesday, October 10, 2018 12:37:01 PM

Post# of 801130
JPS would need reassurance Warrants get executed before Junior Preferreds convert to Commons. That would need to be agreed upon; otherwise, the lawsuits will continue through the courts, which is likely not something Treasury/FHFA want to have happen in light of Lamberth's ruling and Sweeney's upcoming Motion to Dismiss ruling occurring sometime in mid-2019.