They stated directly the DIP lender had been paid off, now, didn’t they. They did not say directly that KERP had been paid because it hasn’t, not a single penny. Know why? Because the secured creditors have not been paid in full as the requirement of the program and the judge’s order states directly.
And whatever the monitor meant by “amounts owing that are subject to the KERP charge,” it does not mean what you’re suggesting. That is fact.
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