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RE: LeoThread 2024-10-19 03:31

in LeoFinance21 hours ago

The bankruptcy filing and the uncertainty surrounding Fluid Truck's future have left many creditors in a state of limbo. The company's creditors, including FVIP members and vendors, are waiting to see what will happen next and how much they will be able to recover. The bankruptcy expert, Adam Stein-Sapir, believes that the company's assets could be sold for around $7 million, but this is a worst-case scenario for unsecured lenders, who will be among the last to be paid back. The future of Fluid Truck is uncertain, and it remains to be seen what will happen to the company and its creditors in the coming months.