RE: RE: reading between the lines That's the way I understand this is going down. The recap was not approved “as is” by the Judge, YLO was told to make the banks whole, and they are have been working out a payment plan, along with revised cash payments to the note holders. As you would imagine, it has not been easy. Correct, the Judge cannot force anything, just provide guidance as to what he will accept. I'm also guessing the Judge has also told YLO the court will not accept a CCAA filing until the banks have been paid back in Feb.