Yes - fact is too strong and wrong. It is law. It is the practice in 99.9% of Chapter 11 cases - because it is a waterfall but ... no it is not fact until paid
re "decline" that somehow is accrued or accredited interest as the 250M is now lower - and all we see now is the interest variable, I think recently it showed them to be at 236m something .... I do not think that attribution to interest variable is correct. I suggest (not knowing the baseline or where this is cited or when) --- that such decline in the amount to be paid on H is due to the payment already made to the few owners who had few shares. That would drop future obligation by say 14 million or 6%..... It is now earning interest for the last 12 months and growing in size - thus the 1099 - Int
And re the last sentence of your post - as the amount of the claim on each "share/trust pfd/bond" is now 10.50 --- that core amount is not deferrable as its not dividends but principal
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