Medley Management Inc. (MDLM)

[db7]

I thought the Taubes presented this $10mil 'solution' to the SEC(?) Am I correct in that they're on the hook for it BUT trying to recoup some monies to help offset?

The $4mil Medley 'owes' bondholders, where does that come from? Judging from the percentages applied towards the total $10mil owed, it almost seems like in the end the Taubes will technically be on the hook for the full $10mil? Or am I misinterpreting that part?

thanks!