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Re: None

Thursday, 05/16/2024 11:08:20 AM

Thursday, May 16, 2024 11:08:20 AM

Post# of 797466
Can someone explain to me, why we are on the hook for and why are we concern with Liquidation Preference. As I look at it, the basic meaning of the Liquidation Preference is that incase of a receivership the Governrats have priority/ preference of the asset liquidation. So, unless there is a receivership or BR, F&F will not be liquidated, especially with the strong quarterly earnings. Am I wrong to interpret LP that way?