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Re: Argus63 post# 86970

Thursday, 01/23/2020 5:46:41 PM

Thursday, January 23, 2020 5:46:41 PM

Post# of 111448
You do know that "ordered" is Cotton's words and what he posted below is not in any docket and something he just made up. Wouldn't you agree, cotton?

I.
ORDERED that LBHI's Capital Trust Preferred Securities are parity with
LBIE's 5% redeemable Class A preference shares per LBHI's relevant
prospectuses.

II.
ORDERED that LBHI's Capital Trust Preferred Securities are parity with
LBHI's Capital Trust Preferred Securities held by JPMCB or JPMCB's
affiliates per LBHI's relevant prospectuses and with or without a
securities holder's, prior to purchase, knowledge of and reliance on
LBHI’s August and September 2008 guaranties and security agreements in
favor of JPMCB’s subsidiaries and affiliates.

III.
ORDERED that LBHI's Capital Trust Preferred Securities are parity with the ECAPS' Preferred Securities per LBHI's relevant prospectuses and with a securities holder's, prior to purchase, knowledge of and reliance on the general guarantee.


Joe Stocks