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etzetrade

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etzetrade

Re: mrholty post# 1835

Wednesday, 09/21/2011 10:28:03 AM

Wednesday, September 21, 2011 10:28:03 AM

Post# of 3649
There is another concern which is related to subordinated status. Assuming 25% of SNHs are clean (no IT trades), those SNHs will sue the difference contract rate - FJR rate. If SHNs win in another court (not this BK court), H will be responsible to pay them. It may bring H down to $1.90/share (someone did the analysis).
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