United Development Funding IV fka UDFI

[actofwill]

How do you know the prices agreed were above market in your initial statement?

From the lawsuit docs it looks like Megatel wanted in on the game and Centurion "brokered" them to UDFI, who wanted to grow the loan book. When the Kyle Bass manufactured cash crunch occurred UDFI needed to raise net cash (i.e. not rolling loans over from Centurion to Megatel) so used all means they had to get Megatel to terminate their lot purchase options.

The latter shows good cash management IMO.