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Joe Stocks

01/21/19 9:02 AM

#82183 RE: SwissCheeseAccount #82180

A $21.4b claim is not just some random claim. If you research the disclosure statement you will find much about third party claims. They could have bought back because the claimants know that time is money and sold the claim for a hefty discount knowing that it would take years to get their full share of distributions. LBHI buying at a discount would mean more distribution to others.

https://www.sec.gov/Archives/edgar/data/806085/000110465910019942/a10-8193_2ex99d1.htm