"The utter lack of any details as to what you would be suing over (you have said in the past that you think the LP ratchet itself is a cause for action), or where, or in what court, or what remedy you would seek, leads me to believe that you aren't serious about filing your own lawsuit."
At no point did I claim that I intended to sue anybody.
The current sweep of the profits is into the LP. It would follow a similar logical argument that the action does not allow the shareholders to realize the benefits of their shareholder agreement. Possibly more so than a cash sweep because the LP sweep means they need to pay down the LP being taken (same amount as cash sweep), PLUS also paying 10% dividends on the LP amount or the entirety of the increase in net worth until they can pay it off. The net result is the shareholders get screwed more with the LP sweep than with the cash sweep. Again, you act like these are complicated concepts. They really aren't.
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