UDF have good lawyers so they make a strong case, but we do not have the defense story yet. I believe that, if nothing else, these government people should have a problem with the government itself. I think the chances look pretty good for the IV and rest of the funds as far as damages and for the old equity holders the prospects of damages also look decent.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.