Another thought on these claims. The Creditors are under extreme pressure to settle their claims, for two reasons. One is their claims may not be valid due to prior owner corruption. The second is Mercuria could stall questionable claims putting extreme pressure on the creditor.
This could lead to even larger payouts to distribution holders. Such as in a range of 65 cents to $6.00
I believe one of the goals of Mercuria is to satisfy shareholders. With so few shares (53 million) and Mercuria holding 17 millions of them. Increasing distributions is a no cost way for Mercuria, because it is done by reducing invalid claims and reduced settlements.
The shareholder lawsuits can go away becuse of larger distributions. I believe the bankruptcy court has correctly addressed this issue with 53 million Class B Litigation Trust Units(LSU),previously 53 million shares of AMPNI(ANW) common shares.
In Mercuria we trust. IMO
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