If an EC is formed, I think Equity is going to go through the roof. ALl classes, WAHUQ is considered secured debt, I am not sure if they will make concessions on that one, it will be up to the Wells Fargo trustee. They were bought for $31 .. They have had 1 1/2 years of interest at 5.75% paid out to the holders, they also are rumored to be settled at $33.. I am not in the accountants or attorney's office, so I can not say for sure. I said RUMORED!
WAHUQ might get paid off well in advance of other classes. If the money is available and Akin wants to settle the claim. Once again just conjecture on my part...IMO
~Fish~
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