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Re: rockie101 post# 37630

Monday, 11/14/2011 12:00:00 AM

Monday, November 14, 2011 12:00:00 AM

Post# of 42851
I prefer Coke...

It depends on Willingham... (because he owns only commons)

He knows if he pursues litigation, Commons are going to get Zero, nada, zip, zlich, etc. All recovery through litigation will be going to preferreds via absolute priority UNLESS he can know out he GSA.

That said, Willies only alternative is to settle this now and get a little for commons or get nothing for commons and just get compensated from being on the board/trustee or whatever after confirmation.

Willie has nothing to lose but all to gain

So the answer is yes, before end of year, but confirmation early next year.

Strictly my opinion.

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