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Thursday, 04/18/2024 5:44:14 PM

Thursday, April 18, 2024 5:44:14 PM

Post# of 731279
4.5 Interest on Liquidating Trust Interests. As set forth in the Plan, interest shall not accrue and be paid on the Liquidating Trust Interests themselves but only with respect to and to the extent provided in the Plan with respect to an Allowed Claim (“Interest”). Interest may, as an incremental adjustment on the maximum amount the Liquidating Trust distributes in respect of a Liquidating Trust Interest, accrue up to and including the date of final payment in full of the Allowed Claim related to the Liquidating Trust Interest as provided in the Plan.
THIS SUGGESTS THERE WERE TWO KIND OF LTIs ONE TYPE CLAIMS & ANOTHER TYPE EQUITY.
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