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toogoodfella

01/16/23 10:09 AM

#104582 RE: stoxjock #104581

RE: Valid if "under Chapter 11 protection"

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Verbatim. CHAPTER ELEVEN PROTECTION.
To give LBHI a chance to reorganize.
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toogoodfella

01/16/23 10:36 AM

#104583 RE: stoxjock #104581

RE: LBHI was in fact paying our distributions,

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The distribution is the plan itself. And that is to spread out the asset with all creditors and those creditors big majority are the affiliates. The affiliates therefore will also have fresh capital when LBHI IS BACK.