Could Doral sell the rights to the court case outcome today? If someone really thought it was a 90% chance to win $220M+, paid over the next 5 years....Could they sell it for say $50M cash today? Doral doesn't need all of the money to reach a Tier I status....This outcome increases liquidity and capital ratios immediate.
They could sell the rights. It was discussed on the last call. As Tsar pointed out the asset sale increases the amount they need to raise. The uncertainty and politics would also tend to discourage any potential buyers.
I think at this point they require a fair amount to of cash to reach min compliance, after this asset sale. I can't judge what that amount might be though, but it is higher than it was prior to that sale.