So right , hedge funds aren't in the business of sharing they will do whatever is best for them that's one thing speculators can be certain of . The new senior lenders could well believe S&G have a more than even chance of gaining back a substantial sum from WTG nowhere near the amount their suing for but enough to put a serious dent in S&G huge borrowings hanging over the company . A satisfactory sum could be agreed on early as a court decision could go either way plus huge legal expense involved for both parties , too much at stake if either company were to lose . The Senior lenders might consider it best not to change anything as regards management and the day to day running of the company until such time as the WTG liable suit has been settled one way or the other . Anchorage is known for pursuing debts and do whatever it takes to collect , already done a great deal buying debt off our banks , now going after WTG seems the logical next step if successful the may or may not keep S&G a public company . Seems to me it would be an excellent global company if it were not for carrying so much debt .
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