RE:RE:75 Million left for unsecuredactually TBE cash on hand April 14,2017 is approx 75.6 million
Time line
April 27 court approval for creditor procedure and for Adhoc to have review of any potential payouts over 50k
May 5 newspaper advertisement to prove claims and submit by June 1
somewhere along the line Adhoc and or receiver needs to get clarification on whether Adhoc is pari passu , plus need to clarify Deb interest as part of debt at 6.25% or at 5% same goes for general creditors, who can claim 5%
After June 1 receiver will put out report for payouts
Confidential mlt to be release June 30 thereabouts
potential deb payout July /Aug my guess 65-75%