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Aegean Marine Petroleum Network Inc. (fka ANWWQ)

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Last Post: 5/18/2019 8:03:43 AM - Followers: 74 - Board type: Free - Posts Today: 0












"Holders of the Company’s pre-prepetition common equity will receive

100% of the residual interests in the litigation claims once general

unsecured creditors at the parent have received payment in full"



Potential Shareholder Recovery:

General Unsecured Debt:
4.00% Convertible Unsecured Notes due 2018: $94.6M
4.25% Convertible Unsecured Notes due 2021 $172.5M
Total General Unsecured Debt: $267.1M




Common shareholders will get any recovery above $267.1M.

There has been ONE $300M litigation filed on February 1, recovery of which would go to

the trust - there could be multiple  more lawsuits filed, with a significant amount of recovery

in excess of the $267.1M, considering that one case alone was for $300Million.





As an example, if just this ONE litigation is successful, that leaves $33M for common shareholders:

$33Million / 53Million OS = $0.62/sh.





Link to suit filed below:

https://www.law360.com/articles/1124917/aegean-marine-hit-with-suit-over-alleged-300m-fraud








Plan of Disclosure clearly states that all 53 million common shares of ANWWQ will receive their pro rata share of Class B Litigation Trust Units. Case closed.
shares is the total OS, not just people who held prior to BK filing. You’ll also see on page 143 where it says all holders of Aegean equity interests
will receive their pro rata share of Class B Litigation Trust Units on the effective date:

https://document.epiq11.com/document/getdocumentbycode/?docId=3439319&projectCode=AES&source=DM



 



Greek Court Contesting Legitimacy of US Court Bankruptcy 

(April 18, 2019)



https://document.epiq11.com/document/getdocumenstbydocket/?docketId=714504&projectCode=AES&docketNumber=527&source=DM 




 
PostSubject
#3744  Sticky Note $ANW: CUSIP changed from Y0017S102 to Y00ESC015 makinezmoney 04/12/19 07:59:13 AM
#2903  Sticky Note FORM 15 MEANING - if the ANWWQ SC777 03/22/19 08:05:14 PM
#2285  Sticky Note GREAT ARTICLE - POSTED TODAY mzasif 02/22/19 07:52:58 PM
#4073   This is the approval by the Committee of jet101 05/18/19 08:03:43 AM
#4072   My friend.. Chaka 05/18/19 03:59:00 AM
#4071   Thanks behzadzorro 05/18/19 03:32:31 AM
#4070   well it was initially 15 mil proposal but Chy3a 05/17/19 11:37:25 PM
#4069   It seemed to be dealing with debtor recoveries Rootjim 05/17/19 11:18:32 PM
#4068   Thanks big dog. Chaka 05/17/19 08:57:53 PM
#4067   Really? That's not good.... hopefully we get something tardigrade8 05/17/19 08:57:47 PM
#4066   It is about litigation for AMEX and it behzadzorro 05/17/19 08:39:48 PM
#4065   I was able to downloan it btw Rootjim 05/17/19 08:34:09 PM
#4064   The docket I believe is for Amex legal Rootjim 05/17/19 08:31:28 PM
#4063   Brother.. Can't load it my friend. Chaka 05/17/19 06:49:24 PM
#4062   https://dm.epiq11.com/case/AES/dockets docket 570 click and read it Chy3a 05/17/19 06:47:49 PM
#4061   send link behzadzorro 05/17/19 06:09:36 PM
#4060   new docket is out on epiq11 please read Chy3a 05/17/19 05:58:40 PM
#4059   Let’s hope we see some dollars in our whatarush12 05/17/19 01:46:42 PM
#4058   Thanks Maki behzadzorro 05/16/19 04:19:20 PM
#4057   Agreed .. fingers crossed for big news next week GoldiS 05/16/19 04:02:34 PM
#4056   Wow this is going to be very interesting Rootjim 05/16/19 02:30:32 PM
#4054   $ANW: Deutsche Bank & US-Bank dockets forthcoming makinezmoney 05/16/19 12:27:14 PM
#4053   Yep it looks like May 21 everthing will Rootjim 05/15/19 11:32:03 PM
#4052   Absolutely Masta Pnypnchr 05/15/19 06:41:38 PM
#4051   No storm, just MAKE IT RAIN !!! MastaBeta 05/15/19 06:13:19 PM
#4050   It looks everybody is waiting for 21 ... behzadzorro 05/15/19 02:31:00 PM
#4049   Why has it been so quiet its unsettling Chy3a 05/15/19 02:21:07 PM
#4048   I wish too :)) behzadzorro 05/13/19 05:00:35 PM
#4047   True maybe this will be cleared up in Rootjim 05/13/19 03:55:24 PM
#4046   CORRECT ... behzadzorro 05/13/19 01:01:38 PM
#4045   Yes !!! ????... looking forward to some GoldiS 05/13/19 12:36:14 PM
#4044   We're also denied the opportunity to claim a MastaBeta 05/13/19 09:36:12 AM
#4043   BIG ANNOUNCEMENT COULD COME AT ANY TIME NOW..COULD halbroke1 05/12/19 03:55:26 PM
#4042   Waiting for distributions is a huge suspence for Rootjim 05/12/19 01:30:25 PM
#4041   I am looking at a series of smaller Rootjim 05/12/19 12:21:45 PM
#4040   I agree. Chaka 05/11/19 11:48:25 PM
#4039   Sit tight, the anwwq distribution ship should arrive Rootjim 05/11/19 11:33:09 PM
#4038   ANWWQ $$$ ANY NEW INFO PEOPLE..ARE WE GETTING halbroke1 05/11/19 02:04:51 PM
#4037   Nothing is ever tax-free... lol.. regardless I'd be whatarush12 05/10/19 07:29:26 PM
#4036   What he means is that when you view MastaBeta 05/10/19 07:09:46 PM
#4035   From what I can tell whatever the OS jet101 05/10/19 03:28:37 PM
#4034   Nov 6, 2018 jet101 05/10/19 03:23:14 PM
#4033   Yes .. I agree . If your account GoldiS 05/10/19 02:47:32 PM
#4032   Then It does mean nothing behzadzorro 05/10/19 02:43:26 PM
#4031   Damn. You are sitting bigly with ANWWQ. Chaka 05/10/19 02:34:52 PM
#4030   I had to Search through my executed buy GoldiS 05/10/19 02:28:29 PM
#4029   Can you see from your portfolio? behzadzorro 05/10/19 02:17:57 PM
#4028   I purchased shares through E*TRADE of ANW (before GoldiS 05/10/19 01:29:16 PM
#4027   I bought some of my shares before bankruptcy behzadzorro 05/10/19 01:19:17 PM
#4026   10-4 fingers crossed! Jakeac44 05/10/19 12:45:58 PM
#4025   $ANW: There was never one defined by AMPNI makinezmoney 05/10/19 12:37:47 PM
#4024   So anything bought after nov 2018 is a loss? Jakeac44 05/10/19 12:33:28 PM
#4023   november 2018 not sure the exact date lilzsuperboy 05/10/19 12:27:52 PM
PostSubject