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clawmann

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clawmann

Re: newflow post# 461441

Wednesday, 09/07/2016 4:51:07 PM

Wednesday, September 07, 2016 4:51:07 PM

Post# of 749756
The FDIC allowed DB to file a $3b unsecured claim. But that does not mean there is money to pay the claim in full. It means that DB will share, pro rata, with the senior noteholders any money that is distributed to that class of creditors. And its pro rata share will be $3b divided by the aggregate amount of allowed claims in that class.

Any legal analysis I post may not be relied upon by anyone for any
purpose. If you want legal advice you can rely on, hire a lawyer.
Federal District Courthouse, Newark

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