InvestorsHub Logo
Followers 0
Posts 1043
Boards Moderated 0
Alias Born 11/12/2019

Re: toogoodfella post# 92820

Friday, 04/02/2021 7:09:41 PM

Friday, April 02, 2021 7:09:41 PM

Post# of 111173
Your attacks dont bother me. I am telling you what the reality is. If your outcome hinges on the subordinated guarantee at any level, you better hope www wins because the subordinated guarantee is either good as a whole or will be ignored as a whole. There is no picking what part of the guarantee you see fit to survive and another part of the subordinated guarantee as deemed not valid. The subordinated guarantee is good as a whole or ignored as a whole. Therefore, if WWW loses, we are getting discharged. The lawsuits represents the guarantee. The court and the plan admin are ignoring the guarantee. Their actions and the transcripts proves this. If lbhi chooses to enforce only a part of the guarantee and not all of it, they open themselves up for lawsuits. Bankruptcy code 510(a) is clear. The subordinated guarantee is valid in and out of bk. Lbhi violated that. They are lucky chapman is willing to help them cover this up.

If WWW loses, its over. Lbhi, the plan admin and the judge will have no choice but to continue their path and that is to ignore the guarantee and discharge the CTs at the end. Have a good weekend.