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Re: Enterprising Investor post# 6790

Wednesday, 06/27/2012 12:42:20 PM

Wednesday, June 27, 2012 12:42:20 PM

Post# of 6831
A basic question - read the operating report - why is the ~$270m of senior note claims not recorded under pre-petition liabilities? Only $38m has been discharged with the Adfitech reorg, correct?

My general concern is that this seems to good to be true - and I'm trying to figure out what I'm missing. EG are the senior notes guaranteed by some sub that is long gone; after the Adfitech reorg, were they lumped in pari-passu with other claims; etc...

I don't see any DIP. Accrued professional fees are on the monthly operating report. So no surprises there...

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