Originally Posted by
Icarus2001
Therein lies the art of the administrator. They have to convince up to 12,000 creditors that the best deal is....X and if the creditors do not agree they can stop the process and force liquidation. Out of all those creditors only about twenty will have a real say in what happens.
Exactly, and this is where the difference for the big creditors could be 10-15 cents extra in the $. Let the jostling begin.