When it is delisted or goes to 2 then you will wish you listened to the posts
The author may be technically correct but its doubtful there would be a trial on this topic unless the lender is really certain that its loan is in trouble. ITs a big waste of time and resources. Of course if the lender does press it - thats a sign of real disaster for the company.
One has to wonder if companies like this are so poorly managed that they have nothing to fall back in during housing slowdowns. In my own businesses law and real estate - I make sure Im poised to take advantage of downturns ( especially in real estate - I dont mind a slowdown in the law stuff).