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rockraider3

02/05/20 2:28 PM

#11420 RE: BMWRider70 #11419

Well, the distribution was not a liquidation, for starters. You might mention that to the bank. They essentially sold a business line, and distributed proceeds to their investors. They still have a number of assets and still are "in business".

That said, they have announced plans to liquidate at a future point in time, so there would in theory be a second distribution after they have monetized the remaining assets. That would be the liquidating distribution.