This SCOTUS case and the Fraud allegations are a 1, 2 punch. The SCOTUS case speaks for itself on how it applies to our CTs. The fraud comes down to are our Subordinated Guarantees at the level of LBHI's preferred equity as the Plan Admin manipulated contract terms to convince Judge Peck and stated in writing that our CTs are at the level of LBHI's preferred on their own will to back up the word manipulation.
The answer is HELL NO! A blind bat can tell that our Guarantees are not subordinated to levels of LBHI's preferred stock as the Plan Admin claims.
I cant wait to see Abrams ruling on Waske and Wu motions. On top of that it is known now they will take this all the way.
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