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Friday, October 11, 2019 11:40:33 AM
All assets including cash gets distributed to the creditors. Perhaps they have $55 million in their account. But, that doesn't mean it can be spent for anything other than to the benefit of the creditors. In the end, LBHI will have no assets. Keep in mind that the modified plan of liquidation even says that by chance there is something left, it is to be donated to charity. How can it be more clear that this is a total liquidation?
Joe Stocks
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