thehog said:An offer can be anything. Paid over time, assets or whatever is accepted.
Perhaps he wants to give the appearance of having no cash if SCA have to chase him for the money they may not get it all and subject to their own enforcements costs. ie he owes 15m and settles the debt at 10m.
I don't think he cares about his credit rating!
I am absolutely sure that SCA wants to walk away from this with no entanglements with Lance whatsoever.
Any settlement will be cash on the barrelhead.