What is the rate of post-petition interest paid on allowed claims under the Global Settlement?

Of interest, without specifying that rate, and does not make clear whether interest is compounded on an annual or other periodic basis. Two of the Subordinated Notes provide for floating interest rates, while the other Senior and Subordinated Notes carry fixed rates ranging from 4.75% to 11.25%. The Global Settlement provided for a uniform post-petition interest rate of 5.57% per annum through May 31, 2002 for all allowed claims, based on the statutory federal judgment rate in effect at the time the Southeast bankruptcy case was filed, and for no compounding of interest.

More.

I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.

Related Questions