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camaro4me

08/03/14 8:20 PM

#45238 RE: rlinterests #45237

Satisfied in full means exactly what contractually I(class 3) agreed. No more. They got suckered. Now they know it.
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hestheman

08/04/14 2:46 AM

#45245 RE: rlinterests #45237

If I am class 3, I am getting paid until the liquidation is complete.....as if I had not been satisfied in full. Same for class 7 I believe...... and for all other classes "satisfied in full" means the agreed upon/estimated percentage of claim per the POR. For classes 1 and 2 (secured, or over-secured claims) it actually did mean paid in full, and that is now complete. 3 and 7 continue to receive distribution with the provision that those unsecured creditors ( for example, 10B/CTs) that contributed to the reallocation now begin to receive distribution. Straight from the POR itself....READ, COMPREHEND LOL. Hope this helps...