AZ, thanks, I understand your position on the escrow markers not being tied to LT assets (no 75/25 to the end)...
But my question is if the LT still needs to be open for the remote bankruptcy assets to come back to the escrow markers and using the LT as a "pass through" entity.
If the markers can be paid without the LT in existence (post bk closure) then why did Rosen paintakingly delay the employee claims these past few years to keep the bk open? There was enough money to pay off PIERS 3 years ago. He could have ended the bk then and we could have been sitting on our escrow markers post bk closure today and get paid now.
My question is, does LT need to exist as a "pass through entity" for escrow payment?
Do we get paid before or after bk closure?
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