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Posted by / 02-Mar-2020 23:53

Liquidating trust

KCC is not in the business of providing professional or legal advice with respect to this website service and this website service should not be relied on as a substitute for financial, legal or other professional advice.Please review KCC's Terms of Use and Privacy Statement for additional information regarding the data maintained on this website.KCC does not endorse or warrant and is not responsible for any third-party content that may be accessed from this website.Yes, the first distribution to Beneficial Interest holders was made from the CDC Liquidation Trust on or about December 24, 2012.The “Disclosure Statement” filed with the Bankruptcy Court on July 3, 2012, included a “Liquidation and Distribution Analysis” as of May 1, 2012.Based on certain assumptions and estimated valuations, it was estimated therein that the range of distribution to holders of Allowed Equity Interests in Class 3A was approximately .01 to .10 per share.

Electronic mail or other communications through this website or otherwise to KCC or any party in connection with any matter will not be treated as privileged or confidential.This distribution equaled .30 per Beneficial Interest (prior share).The second distribution to Beneficial Interest holders was made from the CDC Liquidation Trust on or about July 29, 2013.This discussion is provided herein for convenience and is subject to the limitations contained in the Disclosure Statement.For information regarding the tax consequences of the Plan and the CDC Liquidation Trust, the entire Plan and Disclosure Statement should be reviewed by each Beneficiary of the CDC Liquidation Trust, including Article IX of the Disclosure Statement.

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