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Re: insomniac post# 252

Wednesday, 12/22/2021 9:51:27 AM

Wednesday, December 22, 2021 9:51:27 AM

Post# of 270
Liquidations generally take at least ten years.

AICIQ filed for bankruptcy in 2005. It’s AIC sub went through the Section 363 sale process last January. The transaction finally closed effective 11/30/21. I expect a second distribution sometime in March.

"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International