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garyhalvo

02/11/21 3:23 PM

#648208 RE: jjflash49 #648194

Page 6. Additional payout?

Allowance of the underwriters’ $72 million claim in Class 19 slightly reduced Griffin’s pro rata share of the initial distribution, but on net the settlement benefited Class 19 by eliminating a $24 million senior claim, thereby increasing the odds of an additional payout.