Yesterday I have found some interesting details in the SOP procedure: Some details in Dutch. It's about Farber Riley and the CPU's (Dirty, just have a look again at the CPU's please)....
Did you knew Farber Riley was involved before? At the SOP on behalf of LANCASTER.....
blz 59 Farby Riley
3.16 Lancaster
'Lancaster was invited to present its views to the Committee during its interview on 12 July 2021. Subsequently, Lancaster’s financial advisors presented their findings in a separate meeting with the Independent Members on 16 July 2021. Furthermore, counsel to Lancaster has approached the Independent Members at multiple occasions. Consequently, Lancaster has been provided additional opportunities to present ts views and critiques with regard to the Composition to the Independent Members. Any materials provided by Lancaster, including but not limited to different versions of the Farber/B.Riley report, have been shared with the entire Committee as soon as they had been received'.
blz. 73 Annex 2
'Rob Biehler, lan Ratner, Allen Nackan, Craig Jacobsen (all Farber/BRiley) Jayendra Naidoo (Lancaster), Camilo Schutte, Lise Heide-Jørgensen, Roelien van den Berg (all SSHJ), Rob Biehler, lan Ratner, Allen Nackan, Craig Jacobsen (all Farber/BRiley)
blz. 78 'Daarnaast heeft één van de Contractual Claimants een eigen liquidatiescenario laten doorrekenen, waarvan de uitkomsten ook door haar adviseur (Farber/B.Riley) met u zijn gedeeld. Uit die analyse lijkt te volgen dat de opbrengsten in een liquidatiescenario significant hoger zijn dan onder het Akkoord'.
Blz. 90 Farby Riley
G4: these are the awfull 4 crimi CPU creditors:
“G4” means each of the following parties: 1. (i) Silver Point Capital Partners, LP; 2. (ii) Sculptor lnvestments IV S.â r.l.; 3. (iii) The Baupost Group, LLC; and 4. (iv) Farallon Capital Europe LLP.
2.3.8. page 12:
Note ; No validation claim CPU's, but the CPU's do have ANOTHER POSITION because they were willing to postpone the claim. So this is the point made there: Louis gave the company at that time to the 4 creditors and the observer, Verhoeven (who is now also the observer), made no valuation but give his agreement to this very strange move). 4.2.2. page 41
Blz. 83 4 G!
https://www.steinhoffsettlement.com/media/3593747/...ry_affidavit.pdf
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