The assets are not in Newco as collateral.
The very idea is specious and imaginary. There is no documentation supporting this claim...
As I HAVE said.
It is incumbent on the proponents of this false, imaginary claim to support it with proper documentation, or abandon this folly.
I know what the collateral is, but that is beside the point, and too much at one time when we are dealing with imaginary issues.
And it does not change anything.