InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,475.09
(
0.00%
)
US TECH 100
19,195.20
(
-0.42%
)
Dow Jones
39,169.52
(
0.00%
)
Brent Oil
87.01
(
0.55%
)
Bitcoin
62,779.71
(
-0.11%
)
Post# of 7196
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

etzetrade

Send PM Follow Ignore
Followers 9
Posts 1656
Boards Moderated 0
Alias Born 03/23/2010

etzetrade

Re: marayatano post# 7114

Thursday, 12/16/2010 8:31:57 AM

Thursday, December 16, 2010 8:31:57 AM

Post# of 7196
Sorry to ask your legal opinion regarding LBHI because I have no PM. Your expertise is much appreciated. TIA

Is it true that substantive consoliation(SC), form legal viewpoint, that subordinated party is no longer subordinated to Senior creditors? In other words, CTs should be compensated. It doesn't matter the percentage is, could be 1% but at least CTs will get something.

I remember a while ago, you also mentioned that SC is the only hope that CTs may get something. Is it a common practice in BK court or it totally depend upon each individual case?
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

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.

Sign Up