i havn't had time to read the whole document yet. but it does not look good.
btw, other parties who got screwed on the ARS debacle are listed on the docket, including ABM industries etc. total disallowance from this single omnibus objection is nearly $1 billion.
only prospect is for 4LC to grow it's business. that looks pretty dim since cash position is virtually nil, thanks to the burn rate. i guess they can do property sells, capital raise, equity raise etc. HAHAHA
"there are only handful of people who even know about this". indeed.
"NO LEGAL OR FACTUAL JUSTIFICATION FOR ASSERTING A CLAIM AGAINST LBI.
CLAIMS ARE INSUFFICIENT AS A MATTER OF LAW." Don't know how they can say this? Perhaps there are just playing hardball to force them into a settlement?