so much for the "secret" settlement.
They settled for $40M, minus all expense and payments. This leave $26M to be distribute among unsecured creditor.
Work out about 4 cents in a dollar, for each Notes. That is if the unsecured creditor don't take it all. Which might left notehoders with nothing much.
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BNB
babcock & brown limited
so much for the "secret" settlement.They settled for $40M, minus...
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