"The anticipated 31B recapitalization does not exist." Ok. Recapitalization does not exist as it got 'netted out' with the 'Affiliates', as stated in the docket. But were these the same Claims that most of the 'Creditor classes' 'sold off' to LBHI during the Auction process? What about the "Debt to Equity Exchange' for those claims?
Also, do these developments mean that it this point we are looking at "The End" of the 'Distributions'? TIA & GLTU!