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newflow

08/23/20 3:03 PM

#9188 RE: sharing4u #9187

When the debtors select a fund as Disputed Ownership Fund as per Treasury regulation, they can have different accounts for different categories of claims such as Oblizor Debtors Claims Reserve fund ,Non-Oblizor Debtors Claims Reserve Fund
or Interests.
Once those claims are resolved, equity gets the leftovers IMO or Equity gets paid on the day of distributions and all the claims would be reinstated.
Non-Oblizor Debtors are Windstream Holdings Inc. and other assets which have no first liens against those assets but unsecured claims.Equity interests are in Windstream Holdings Inc. and it can't be just transferred to new Windstream Holdings LLC.
All in my opinion.