| 11. | The secured creditors took all the assets and left nothing for everybody else.
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| 12. | That doesn't mean secured creditors will get 100 percent of their money back.
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| 13. | The rest is owed to banks and other third-party secured creditors.
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| 14. | IFE had apparently continued to fund the Ice Capades as a secured creditor.
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| 15. | The money would be used mainly to pay off secured creditors.
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| 16. | Both of Payless'main secured creditors were in court Monday to present their positions.
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| 17. | Particularly, there is no provision requiring secured creditors'consent before the collateral is disposed.
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| 18. | Secured creditors also received about 53 million in the initial distribution.
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| 19. | The money will be used to pay off senior, secured creditors.
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| 20. | Large secured creditors include Citigroup, Lehman Brothers, and Merrill Lynch, in addition to Kluge.
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