Replies to post #29820 on United Western Bancorp Inc (fka UWBKQ)

[Tradeinman]

Correct.

Can you imagine the backlash, if they pay this and the claimants ahead of them in the waterfall do not get paid?

At least on the same percentage of pay/claim.

Another case many of us are familiar with. - one class gets paid "x" amount if their total claim is less than $500. (Pled it was less costly to get these out of the way)
All of that class is now guaranteed to be paid at least at that same rate.

Make sense?

BWTFDIK

[ArtieB]

Attorneys are always paid before claimants. They are considered employees. Yes?

VC