Before all start their "punisher" fantasies again, AGAIN this is not a criminal court.
So the only processual question for the court is: Was the loan granted within the legal framework. If this was done properly, all money is gone. The black hole platinum etc al. will suck it in and we see nothing anymore of it.
If the equity committee can prove that this was unfair/illegal practice then there is reason for the court to reject further payout to platinum et al. The first payment was done for practical reasons, to enable the L3 deal and was not an acceptence of the loan itself.
Then there are two solutions for the court:
(1) hand the remaining payment question over to the criminal court,
(2) or accept a settlement which both parties have agreed upon until the hearing
If the settlement happens all involved persons will walk away free, without criminal charges, whatever you fantasize about. BUT maybe we get back some money.
If it goes to a criminal court, it you will probably not see any cent anymore, maybe to some degreee justice will be served. But the costs there will burn everything what is left over.
But this applies then for platinum et al and the imsc shareholders.
So if there is a voice of reason on both sides, they will go for (2).
