RE: About that TRO15 Jun 2021 11:16
Tsbs
There was some thought on this a couple of weeks ago, with the consensus that YA probably could serve the notice of default on FRR a second time. This however would now be contested by FRR and would certainly take time. B20’s argument (we don’t know how informed it is...) is that this time allows for a deal to be done before FRR have to effectively settle their debts. This “extra time” argument also chimes with yesterday’s judgement giving us a 9 month TRO. Interestingly, Maxcady’s last post yesterday highlighted the extra time we now have (a YouTube clip of the Rolling Stones singing “Time is on your side”).