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Re: MrchntDeth post# 3729

Friday, 05/27/2011 12:26:34 AM

Friday, May 27, 2011 12:26:34 AM

Post# of 8307
The disputed claims reserve was set at $334 million but if we are Class 12 we would also receive, in addition, post-petition interest or sometimes referred to as pendency interest in the 5% context as are the other claimsholders in Class 12. That would be compounded monthly for approximately 3 years since the backdated transfer that gave rise to the fiduciary breach was made retroactive to the petition date.

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