Uniti's move to dismiss Windstream's "recharacterization" of the lease

Windstream filed a motion to get the Uniti lease recharacterized as a financing lease, not a true lease. (True) lease payments go to the head of the line in bankruptcy ahead of all creditors. On the other hand, if the lease is just a financing arrangement, then it becomes a form of unsecured debt and Uniti goes to the vey back of the line of creditors.

Uniti has moved to have the bankruptcy judge just summary dismiss this move out of hand as blatantly bogus. The hearing on Uniti's motion for summary judgement is tomorrow:

http://www.kccllc.net/windstream/document/1922312191210000000000006

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The judge in the Aurelius lawsuit saw through this nonsense; it was a lease, not a financial agreement. I don't see how the bankruptcy court could essentially reverse that ruling.

The whole point is just to put some distance between all of them going to jail and the financial manipulation that went on as a huge scam.

Gunderman vs Gunderman.....its great how they are acting like they are arguing over terms lol. All just a show for the courts. Have to make investors and creditors think they are acting on their behalf, but they have never done that to date

Can someone playing pretend lawyer be sued for hyping stock...cooper.
Uniti is screwed because windstream is screwed. Uniti investors misleadingly think that fiber can be reused by others overnight if the MLA is rejected. Not even close to reality. Then would any potential customer pay the same rate that is openly disputed as being too high. Only if that company has a Gunderman running it. The terms of the MLA are so out of whack with reality that the judge may rule it had to be a financial lease since no business would commit to this agreement otherwise.

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Uniti's move to dismiss Windstream's "recharacterization" of the lease

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