On September 13, 2014 at 12:25 PM, COTTONISKING, sent a letter to Bankruptcy Judge Shelley Chapman and District Judge Richard Sullivan. See docket 46304 for more details.
Note: "Richard Joseph Sullivan is an American lawyer who serves as a United States Circuit Judge of the United States Court of Appeals for the Second Circuit. He was formerly a United States District Judge of the United States District Court for the... Wikipedia"
COTTONISKING made a prediction in his 2014 letter, see below:
"JPMCB (CTs Guarantee Trustee) and LBHI are stalling on confirming my guarantee claim number based on their September 9, 2008 Security Agreement. I think that the JPMCB and LBHI legal teams overlooked the clause in the CTs relevant prospectus.
Regards, Rickey Gregory"
***** Five Star Prediction is true!
1) Boss, you say or later find out that the CTs' Subordinated Guarantee has no need in this bankruptcy on October 16, 2019.
Excerpt from Mr. Fail's [the Plan Administrator] reply brief:
Case 1:19-cv-06397-PAE Document 11 Filed 10/16/19 Page 14 of 32
"There was, however, no need for the Trusts to file a proof of claim on account of the Subordinated Guarantee."
******
"The Trusts (but not the holders of Trust Preferred Securities) were listed on the Bar Date Order’s Exempt Entities List, which created an exemption to the Bar Date for proofs of claims filed by the Trusts. (See Bar Date Order at 3, 5 (A012-14).) There was, however, no need for the Trusts to file a proof of claim on account of the Subordinated Guarantee. As noted above, the beneficial interests of the Trusts and the individual holders of Trust Preferred Securities were and are represented by more than $1.26 billion in Allowed claims against LBHI which were filed by the indenture trustees for the Subordinated Debt."
***** Boss, it would have been a lovely thing for me too have cashed out in 2014! However, a little extra money can make me whole.
"prediction - Dictionary Definition : Vocabulary.com https://www.vocabulary.com › dictionary › prediction A prediction is what someone thinks will happen. A prediction is a forecast, but not only about the weather. Pre means “before” and diction has to do with talking. So a prediction is a statement about the future. It's a guess, sometimes based on facts or evidence, but not always."
Actually two predictions came true, Judge Sullivan's promotion to Circuit Judge of the United States Court of Appeals.