RE:Bond Issues ???ugluuak, you don't know what you're talking about. If what you said were true, the bond issue would have been settled by now.
The fact is, lawyers have said the bond holders have a strong case. If you disagree, why are the bonds trading around 96 cents on the dollar?
And why did the bond holders reject a resolution with Robert Pincus after negotiating for months? This after the bonds were trading at just pennies on the dollar? Certainly they would have taken something - anything - if they felt a court would claim the bonds were illegally issued.