>>It is a theory for which the courts and creditors have expressed zero interest pursuing.
why would courts pursue a debt for equity swap? that statement you made is garbage. And even if creditors wanted to pursue a debt for equity swap, they know they can't do anything until all distributions have been made so that point you made is also garbage.
LBHI has expressed interest in pursuing a debt for equity swap (as evidenced by the ECAPS) and what they express interest in matters most since that is the company everyone here is invested in.
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