Opinion ID: 1732018
Heading Depth: 1
Heading Rank: 4

Heading: summary of distribution of funds from assets sale:

Text: Asset Sale Price 03/08/74 $449,500 Banks/secured creditors 103,000 GTE Sylvania 24,000 Payment of Jones judgment 12,400 Payment to trade accounts (net settlement) 77,600 Payment on principal of shareholder notes 133,000 ________ Subtotal balance 99,500 Offset by Cerro for accrued items, etc. 3,000 ________ Deposit to Escrow 06/06/74 96,500 Final payment Fed. and Ala. taxes 8,400 Payment Emkay Mach. Co. judgment 14,000 Payment to former View-All sales reps 3,400 Attorney fees (settlement) 6,300 Payment to additional trade accts. (settlements) 2,700 Final payment on principal of stockholder notes 63,200 Interest received on escrow funds 1,500 _____ 99,500 The plaintiffs herein are parties who received no monies in either the March or September 1974 payments. View-All was later dissolved.