Baillieu Valuation of VEC, page-397

also this was completed in January 2018, so I guess 15 months later they are still trading might even mean there is no issue,here is the decision from the case,,,,,,,,,,,11. The total Utilisation Interest accrued under the Facility Agreement amounts to USD 211,978.99. Pursuant to Clause 7.3 of the Facility Agreement, Utilisation Interest became payable on each Utilisation in full on 24 March 2016, 29 March 2016 and 1 April 2016 respectively (the “Interest Payment Dates”). However, no payments in respect of Utilisation Interest were made by the Defendant prior to the Interest Payment Dates or thereafter. Therefore, USD 211,978.99 remains outstanding.