Extract to table

This administrative expense claim is entitled to priority treatment under Sections 503(b)(9) and 507(a)(2) of the Bankruptcy Code and must be paid in full as a condition to confirmation of any plan under Section 1129(a)(9)(A)

must be addressed in any plan, as discussed in further detail in Section V

While their claims are legitimate and must be addressed in any plan, their claims do not contribute ongoing value to the estate in the same manner as trade creditor claims

Meridian recognizes that this position must be evaluated by the Committee in light of its fiduciary duties to all unsecured creditors, including noteholders

Third-Party Release Provisions Must Provide Meaningful Consideration Position

Meridian's position is that any plan containing third-party release or exculpation provisions must provide meaningful, quantifiable consideration to the releasing parties, including unsecured creditors