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Re: l_winthorpe post# 1212

Tuesday, 10/31/2017 5:49:20 PM

Tuesday, October 31, 2017 5:49:20 PM

Post# of 2596
Yes, this whole BK/Liquidation was used to restructure debt and decrease amount they were paying on a monthly basis.

In a nut shell, VDC was the parent company, but signed all assets and debt over to the new Parent company VDI. However VDI came out of BK and immediately paid back all assets back to VDC, but VDC is in Liquidation and did not claim those assets until this year.