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iheartweimers

12/09/12 4:16 PM

#16316 RE: novicetrader #16310

The purchaser assumes what debt remains after negotiation
by the Debtors Committee is concluded and approved by
the judge. Since most of the debt, or a large part of it is
owed to Wanxiang, and the rest will be paid out of proceeds
of sale, I doubt if Mr Lu cares.
http://en.wikipedia.org/wiki/Lu_Guanqiu