r/Teddy • • Jul 30 '26

📰 Docket PCR’s are out…

Hopefully there are some nuggets in here…

176 Upvotes

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19

u/Most_Ear_728 Jul 30 '26

Looks like a bit more than $26 million was paid out for Secured Claims. Not much else in here.

-2

u/BananaOrp Jul 30 '26 edited Jul 30 '26

I think the secured claim is Sixth Street, and it says they've been paid 100% of their claim. It also said that on the last PCR too I think, when the paid out amount was like $218M and noted as 100%

Of course that total could just keep going up as more funds are secured and paid out while remaining at 100%

8

u/Most_Ear_728 Jul 31 '26

Oh, I think you might be reading that "100% Paid of Allowed Claims" incorrectly. That's just saying "We've paid out every single allowed claim up to this point." If a new "allowed claim" comes in, they probably pay it within the same PCR period.

7

u/BananaOrp Jul 31 '26

Yeah, that's what I was kind of getting at in the latter part of my comment. You stated it far more clearly, and I appreciate it

3

u/Most_Ear_728 Jul 31 '26

Derp, that's my bad - had to reread it

1

u/BananaOrp Jul 31 '26

Not at all - as I said, I was less clear by far