It's really a basic economic theory that there is no reward with out risk. You cannot separate The 2. Nevertheless which is precisely what Genesis is attempting to perform: go ahead and take reward from Receive end users and give it to other creditors who took no chance. This is certainly unfair and inequitable procedure of Earn consumers. Experien
sixty eight). The December 22nd, December 15th, and December thirteenth updates under supply additional detail and We now have posted FAQs we hope you'll discover valuable as you review the Plan in addition to Guidance regarding how to Forged your Approach ballot.This behavior is sadly par to the program for Genesis and we anticipate continuing to
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The desire statements centered on Genesis’s return of Gain customers’ assets are lawfully flawed as the transactions at concern: (i) were being payments while in the everyday program of enterprise, (ii) are shielded from avoidance via the Personal bankruptcy Code’s “Secure harbor” provisions; and/or (iii) aren't the sort that could give r
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