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s404n1tn0cc

10/18/22 3:38 AM

#103026 RE: joyceschoice #103011

Everyone knows that CT are senior Sub debt. And if you look at the Distro. Over the 14 years. They have Received Zero. They have a claim and thats it.
A creditor. Vs Preferred shares and Commons which hold/have direct ownership interest of LBHI. Vs CTs which are a type Private creditor. They should have been part of the Creditors commitee and been remunerated AKA paid something. IMO. They are a trust. They are separate from LBHI but they own a Claim and the Trust. I suppose the only recourse coulc be to Sue the Trustee. Since they are in charge of the investmnent IE the Capitol. The capitol was lost. The trustee should have been positioning Him herself.. To secure some Asstes of the Trust... at least 5 bucks worth per Cap trust share.. But failed. IMO They where just not Senior secured.
Its just an idea. But I think we will not be paid soon until the CT question is answered. IMO You know the Gaurantee. Could be worthless. But then again the court doesn't set a side a reserve for nothing. And we don't know what that looks like either
Disclaimer Im not a Lawyer ...Go Get one. lol