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Re: linda1 post# 786

Thursday, 03/25/2010 3:41:58 PM

Thursday, March 25, 2010 3:41:58 PM

Post# of 111167
As I have told you before: Class 5 are the peasants of the creditor world. They are equivalent to the commons in the equity world.

SUBORDINATE CLASS GETS PAID L A S T ! ! ! ! ! ! Commons and preferreds are next, but I do not care about equity (long shot).

What don't you understand about this????????????????

Like I said, CONSULT AN ATTORNEY!!!!

Until an agreement is made, this is the way it stands.

Have a nice day and good luck.


imo


if Class 5 gets paid in full before Classes 6 - 8 then why are Classes 6 - 8 eligible to vote and Class 5 is not eligible?