Incorrect Zalviny.
Part of the settlement negotiated prior to the release of the last version of the BK plan was that P/K/U would all be on the same level of the waterfall, and in the same sets of tranches.
So,... 75% of any money gotten goes to be split among the old preferred shares, 25% among the old common shares.
So if (theoretically of course) $20 BN were recovered for the LTS, $15 BN would go get split among the those who held P/K shares (prorated among those who gave releases at the time of BK emergence) and $5 BN would get split among the old U holders who gave releases.
So assuming that there were 1 Billion "U" shareholders who gave releases, each escrow would get ~$5 for each old "U".
If there were 100 Million old preferred shares who gave releases (P equivilents - I never knew the real number of these shares) then each of those 100 million shares would recieve about $150.