GREY:TBTEF - Post by User
Post by
PetroExploreron Apr 19, 2017 7:28pm
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Post# 26140157
Don't get Robbed by the Bank
Don't get Robbed by the BankInteresting reading from the affidavit:
"I am advised by Macquarie Capital and believe that on August 25, 2016, John Brussa informed Sandy Edmonstone that there was insufficient Debentureholder support to pass Twin Butte's CBCA arrangement. I am further advised by Macquarie Capital and believe that John Brussa further indicated that Murray D'Angelo of National Bank, the Administrative Agent of the Banking Syndicate, had offered to arrange for the payment of the legal and financial advisory costs of the Ad Hoc Committee if its members voted in support of the CBCA arrangement."
Definitely a bit of poker bluffing had gone on.