I don't know that that is true? If the company is in receivership, all interest accrued ok loans is forfeit. Else the companies trying to get the best deal will be hamstrung by telling prospective buyers the interest on the loans is part of the deal and by the way it's $670k per week so have fun with your new acquisition. I can't believe that. And if it is true, then AJM is better of finding another buyer that will allow them to continue to run it after it's changed hands. IMO though.
Ann: Extension of time to convene second meeting of creditors, page-110
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