Who chose km. probably the bank.
They wanted to dump their bad loan and km coordinated that.
They could not be paid directly because the company had no money.
Paying them first would have triggered trading while insolvent rules.
To avoid receivership KM was paid in shares and options.
As for TPG they are getting 20% interest...
If Marion falls over TPG take ownership.
mr caveat emptor, page-6
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