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Re: Royal Dude post# 548030

Friday, 11/23/2018 12:44:07 PM

Friday, November 23, 2018 12:44:07 PM

Post# of 733914
We will not be receiving any distribution from the LT after Piers are paid. Next in line are Class 18 that are owed $38.2M in approved claims, plus disputed ones if approved which are yet to be adjudicated.

I am looking at when the bankruptcy will be closed to determine if there are additional assets to be distributed. I do not know when this will occur nor does anyone else so I won't speculate..

25.2 Cancellation of Common Equity Interests:.., on the Effective Date, ALL Common Equity Interests shall be deemed extinguished and the certificates and ALL other documents shall be deemed cancelled.

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