Genesis Creditor Group Opposes ‘Wholly Inadequate’ DCG Deal

Genesis Creditor Group Opposes ‘Wholly Inadequate’ DCG Deal

by Jeremy

“DCG’s contribution to the property in satisfaction of creditor claims is wholly inadequate to fulfill even the uncontested mortgage quantities due, not to mention, the dear property claims assertable by collectors in opposition to DCG and its administrators and officers, together with Barry Silbert,” a bunch of Genesis lenders mentioned in a submitting to the Chapter Courtroom within the Southern District of New York.

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