"Doesn't it seem easy enough for TPL to submit expenses for reimbursement that are large enough to offset the required capital contribution and/or ask PTSC for loan."

Sure, Lecky/TPL could dream up and submit bogus expenses. With increased PTSC oversight, plus two (possibly three or more) Judge's watching closely, and the possibility of criminal charges, I'm sure he'd be up for further commission of fraud with a parade of third parties ready and willing to be complicit. Get real.

Ask PTSC for a loan? Yep, I'm sure (after past experience) that PTSC would be more than happy to oblige, ignoring the opportunity for a contractually specified increase in percentage ownership. Get real.

My apologies for the tone, but at least when I post something that is "way out there", I characterize them as "delusions".

SGE