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Re: s404n1tn0cc post# 96090

Friday, 10/22/2021 2:44:15 AM

Friday, October 22, 2021 2:44:15 AM

Post# of 111854
yes because LBHI is the ultimate parent so technically they own everything. if ECAPS get cash it is from from LBIE. if they get stock it is from LBHI. gotta ask yourself, if LBIE ECAPS are no where on the class of claims for LBHI (even though LBHI is the guarantor for ECAPS) why is LBHI the ones offering them stock? LBHI can only give ECAP holders stock IF the ecap holders have a claim against the LBHI estate. right?