Yes but you can argue it's been like that for a while now and they haven't died yet. They're being given every chance to pull off a recap. Both forebearance announcements suggests that noteholders are trying to speed the process up.
We should be due for an update on legal proceedings against FW.
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- Ann: Updated forbearance agreement with Noteholders
Ann: Updated forbearance agreement with Noteholders, page-8
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