That "3-6-21" date sounds good because I've been saying for a while this will end in 2020 but roll over into 2021.
As why we saw with the judges pari passu ruling the fact that ecaps ranked in the same class as LBHI equity (class 12) and got paid means those in parity have to be paid something as well. This could be why LBHI was desperate to give ECAPS stock instead of cash but that's just a thought.
At this rate, with cash flowing in from lehman subsidiaries, and idemification and adversary proceedings,plus we know LBHI already has shares that LBHI already tried issuing that's total FV are in the billions, its fair too assume that all equity interest will recieve some type of the "final piece of pie"
this sounds like when argus always says "this will happen over night" I dont see any flaws in this so to me it sounds good.
do you mean all equity interest (obs, preferred, and creditors) will recieve replacement escrow markets and get share distributions or specific equity interest classes?
Everything you said checks out good with me, I dont see any errors really