InvestorsHub Logo
Followers 15
Posts 3222
Boards Moderated 0
Alias Born 01/07/2012

Re: None

Sunday, 09/06/2020 7:31:53 PM

Sunday, September 06, 2020 7:31:53 PM

Post# of 6789
Docket #707 also mentions , on Exhibit A ..section C..number 11
...Here it mentions that Mercuria funded the Unsecure Claims Cash Pool in the amount of $40 million, plus a Disputed Claim Reserve of $4.18 million, which totals %44.18 million..Hopefully most of the Class A LTU's will settle into this pool of cash.. Since most or all of the Creditors are not allowed to carry bad loans on their books , due to banking regulations..This would be the best case scenario for us Class B LTU's..If we had the Class A paid off.. we could start hoping for some extra large payouts to us Class B LTU's...IMO
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.