$GNC The plan will pay unsecured creditors from a pool of $4.5 million cash, plus another $20 million in convertible and non-convertible notes payable in up to eight years. Unsecured creditors can elect to be treated in a “convenience class,” created for holders of claims up to $50,000. Those creditors—or those with larger claims choosing to limit them to $50,000—should recover about 7% of their claims, attorney Richard Levy of Latham & Watkins LLP said Wednesday at the remote hearing. Other unsecured creditors will likely receive a smaller percentage of their claims, Levy said. Some of the future payments to unsecured creditors will come from notes issued by Harbin, Levy said.