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18:05
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Originally posted by Grant62
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Page 360 of the Creditors' Scheme of Arrangement (Explanatory Statement) says it all - From an asset ERV (estimated realisable value) of $1.108B according to the Form 507, total claims (secured or priority) come to $837M before any consideration is given to the unsecured creditor claims of $562M. After allowing for this, the deficiency in claims over ERV assets is $291M.
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