BNB babcock & brown limited

update sent out to all creditors & noteholders, page-3

  1. Rifici
    2,239 Posts.
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    17/07/12
    21:43
    Post #: 10446948
    I'm confused as to why noteholders who funded the litigation ended up getting preferential treatment over the unsecured creditors. I would have thought the unsecured creditors would have gone second, behind the secured creditors...

    Are there enough funds for the unsecured creditors and then some left over for the noteholders? Any ideas how much money is left in the kitty for these two groups?
    BNB Price at posting: 0.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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