Monday, July 01, 2019 12:14:49 PM
Thanks for the information but I believe the attributes you are identifying need specific itemization in the prospectus to actually be pertinent to LBHI Capital Trusts.
In other words, some TruPS Preferred and CTs could have 5-year deferment periods while others could have 5-years plus the additional years up to 12 years total.
In order for this to take hold, there may be process requirements.
I have to check our LBHI CT prospectus again but I don't think this has been mentioned.
I'll also check the particular documents filed with the claim as our CT "Charter" originally administered by Chemical Bank would likely list any enhancements featured in their document that were available, not in the Austin document you referenced.
If different attributes were granted by the Court, there should be restitution made to the CT shareholders, particularly those shareholders prior to any POR confirmation enabling the action.
mojo
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