How are different types of claims paid out in bankruptcy? Company X commits fraud. 1) US government has an SEC claim against X for $100 2) Investors have a claim against X for $200 3) Bank has a claim against X for $100 A only has $100. How is it divided across 1, 2, and 3?
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Correction: X only has $100. How is it divided across 1, 2, and 3?
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I'm just going to leave it. People will get it, still.
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