Chapter 11 announced - Part 14 - Plan Effective

[Eagle1970]

My claim was reduced by 90%, so I'm not getting much anyway.  But all this talk about claims being paid at 100% look like intentionally false statements.  50% funding would have been bad, but at least something.  But this may end up at 15%.  How could they possibly get it so wrong?

[Tron]

On 2/6/2025 at 9:34 PM, Eagle1970 said:

My claim was reduced by 90%, so I'm not getting much anyway.  But all this talk about claims being paid at 100% look like intentionally false statements.  50% funding would have been bad, but at least something.  But this may end up at 15%.  How could they possibly get it so wrong?

Did the lawyers get it wrong or were they being disingenuous?

[skeptic]

5 hours ago, Tron said:

Did the lawyers get it wrong or were they being disingenuous?

Key word:  Lawyers.  Enough said.

 

[Muttsy]

Tim Kosnoff is an attorney and he called it a b.s. settlement (he actually called it “sellout” not a settlement. Fools believed the unbelievable. A “substantial” majority of survivors voted to approve it. 
 

If you voted for it, look in the mirror for who to blame. Of course, those lawyers were lying. But it was all there in black and white. What a fool believes—he sees. 

[johnsch322]

49 minutes ago, Muttsy said:

Tim Kosnoff is an attorney and he called it a b.s. settlement (he actually called it “sellout” not a settlement. Fools believed the unbelievable. A “substantial” majority of survivors voted to approve it. 
 

If you voted for it, look in the mirror for who to blame. Of course, those lawyers were lying. But it was all there in black and white. What a fool believes—he sees. 

I for one voted no both times.