Thanks needle. I have good experience in the area (distressed...

Thanks needle. I have good experience in the area (distressed credit investing), and this is what ClaimCloud (www.clmcld.com) does: buying creditor claims and then being (very) patient.

There has been a recent setback in this liquidation, mentioned in the recent Committee of Inspection ('COI') meeting that was held on 7 May, 2025: there appears to be an entirely new legal proceeding, presumably also funded by Bookarelli. If that is correct, it is the sixth legal case brought against the liquidation, and on average, each of the other proceedings have taken six(!) years to conclude. See the extract from the COI minutes below:



Despite the additional wait this implies, we are still keen to buy notes. 1c on the dollar works; please reach out (www.clmcld.com).

I think there is more than $15m cash, but I am more worried about the additional years from these new proceedings.