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Post# of 749756
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garyhalvo

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garyhalvo

Re: jjflash49 post# 648194

Thursday, 02/11/2021 3:23:46 PM

Thursday, February 11, 2021 3:23:46 PM

Post# of 749756
Page 6. Additional payout?

Allowance of the underwriters’ $72 million claim in Class 19 slightly reduced Griffin’s pro rata share of the initial distribution, but on net the settlement benefited Class 19 by eliminating a $24 million senior claim, thereby increasing the odds of an additional payout.
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