Odaily News Three Arrows Capital (3AC) liquidation company Teneo estimates that creditors can recover approximately 45.74% of the assets from bankruptcy. Teneos liquidation co-heads, Russell Crumpler and Christopher Farmer, noted in a December report to creditors that the companys assets were valued at $1.16 billion as of December 18, while the value of claims identified for distribution was expected to be $2.7 billion. . The report shows that Teneo has settled lawsuits with multiple parties, including DCG, Genesis, and BlockFi, thereby increasing the company’s reported assets by approximately $292 million. BlockFi’s settlement is still pending approval. The report also noted that there were 154 claims filed against 3AC properties, with a total value of $3.4 billion. Of these, US$2 million in claims have not been recognized for distribution, while US$32.2 million in claims have been rejected or are expected to be rejected, and US$76 million worth of claims are in dispute. In addition, the report mentioned that 3AC co-founder Zhu Su completed his house arrest sentence at home on December 20 after being arrested in Singapore. Meanwhile, liquidators continue to investigate 3ACs relationship with Tai Ping Shan, a company it worked closely with. During the bankruptcy proceedings, legal fees have accumulated to $49.7 million. (The Block)