Irish...once again, this is not a "line of thinking". This is fact. Like I said, I was once worried about the reallocation aspect of this bankruptcy as well....and the paid in full subject. I spoke to an attorney about the exact excerpts of the POR you are posting to me now. "To give effect to agreements of holders of subordinated claims" means that the reallocation is giving effect to the subordination agreement only. In our prospectus, we are subordinated to all other company debt. It does NOT mean that they are reallocating our face value or dividends to higher classes and that is in fact satisfying the payment terms of our contract because as I said, terms of contracts can NOT be reallocated in bankruptcy. "All distributions under the plan made by LBHI"....all distributions are being made by liquidation of physical assets. We have a spot in the bankruptcy waterfall...but because of the subordination clause our piece of the total bankruptcy asset pie is reallocated to the higher debt classes. Once those debt classes have received their agreed upon recovery, CTs prospectus terms ($25 face value and dividends) are still in tact. If you still do not understand or trust what I am saying, feel free to contact legal counsel. I have explained it a few times because I knew you from another stock board, but I am probably not going to explain this, or "paid in full" again.
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