Response to Motion to Approve Compromise Under Rule 9019 Notice of Motion and Motion for Order Approving Settlement Agreement By and Between the Trustee and the Federal Deposit Insurance Corporation. Filed by Creditor Wilmington Trust Company (4/23/15)
No objection. Reservation of right to file objections to the fees that will ultimately be sought by KTBS and BSF in final fee applications filed with this Court.
Wilmington Trust Company, in its capacity as Indenture Trustee, holds approximately 91% in dollar amount of the valid claims against the Debtor’s estate and the undisputed largest creditor.
Indenture dated as of September 20, 2004
$8,248,000
Indenture dated as of September 29, 2005
$8,248,000
Junior Subordinated Indenture dated as of September 27, 2006
$12,372,000
Junior Subordinated Indenture dated as of January 17, 2008
$22,901,250
TOTAL: $51,769,250.00
"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International
