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Hugodrax

12/13/16 10:31 AM

#31475 RE: perpetually high #31381

"""You don't even know what a clawback is! (Seinfeld voice)"""

I most certainly do.

There will be no clawback here. Even if there was and they voided a transaction:

a) the estate is required to return the cash or share consideration received.

b) With respect to TERP and GLBL it would probably be in their interest to unwind as $SUNE was notorious for stuffing those companies with overpriced projects, and they even raided GLBL for cash.

c) It makes no difference to equity, which is a zero. With 100% probability.