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Re: b3 post# 725332

Monday, 04/01/2024 7:05:29 PM

Monday, April 01, 2024 7:05:29 PM

Post# of 728434
Yes, Class 18 wasn't made whole. I believe Class 18 received about 84% on their claim. Now, i'm not a huge believer on us receiving anything from LIBOR. It remains to be seen. However, if it looks as if something is to come our way and it's more than what's needed to pay off what's left of Class 18's claim then what remains after would all go to Class 19 & Class 22. Class 18 will not be enriched with more than their claim. All in my opinion.

Reiko- I agree with you on the statement "Those who signed their release(s) became eligible to receive a distribution, per the GSA, and were also given the right to receive any potential future litigation proceeds."

However, it looks like since Class 18 was not made whole, they will receive all the 'future litigation proceeds' BEFORE Class 19 and 21 see any additional compensation. There could be something from Libor, but wouldn't Class 18 take it all ??

Please explain

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