what i am saying (for the 3rd time now) is that these guys will walk away (if motion approved) with 45% recovery as class 9A.... +++++*++*++++++
I honestly don't have the understanding of class 9A will get 45%
The reason, I don't pay attention on who will get the highest between creditors because Cts and equities will not be affected due to large deficit and the way POR is written.
Prorata should be fair and equal but there are other written provisions for some classes. Class 3 is the best example in the provision to get the Prorata share of class 10abc.