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At the time of issuance, class B proposes the following covenant: to the extent that the fair market value at the time of bankruptcy exceeds

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At the time of issuance, class B proposes the following covenant: to the extent that the fair market value at the time of bankruptcy exceeds the total value of debt, the trustee for the bonds (Class A Class E inclusive) will try to maximize the total value of the collateral (homes) sold, even if this takes a lot of time. If you were a Class A bondholder, would you support this? Why or why not? If you were a Class E bondholder, would you support this? Why or why not

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