NantahalaCruiser Posted July 14, 2020 #26 Share Posted July 14, 2020 On 7/11/2020 at 5:30 PM, K32682 said: If there are no cruises in 2021 those holding FCC will be better known as "unsecured creditors." Probably not even a creditor since FCC has no cash value. And the "promise" to grant future conversion of FCC to a cash redemption may or may not be considered a binding creditor agreement. Link to comment Share on other sites More sharing options...
Wayfairers Posted July 17, 2020 Author #27 Share Posted July 17, 2020 On 7/14/2020 at 4:00 PM, NantahalaCruiser said: Probably not even a creditor since FCC has no cash value. And the "promise" to grant future conversion of FCC to a cash redemption may or may not be considered a binding creditor agreement. I‘m sure a promise to grant future conversion of FCC to cash would not be considered a binding creditor agreement. However, right now it would make me feel better. Link to comment Share on other sites More sharing options...
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