Dime Bancorp Inc (fka DIMEQ)

[wall_street61]

Yes, very important to know whether Class 12, 18, or 21 (or was it 22) in a settlement or straight forward waterfall. Huge impact on Dimeq. imo/eom

That should read 'a huge impact on wamuq'. The best that could come from mediation for equity is some extortion from the SNH's. If Dime gets the shaft, they will take whatever equity 'thinks' they will get in a settlement.

The thing with mediation is.....that the debtors can come back to the court and say "judge, we've had arm's length negotiations...the EC had it's chance, now we're gonna cram them down".

Look up the case law folks.

Maybe, just maybe, the debtors will issue some worthless warrants to get releases.