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By way of background, as of the Effective Date of the Plan, the Depository Trust Company ("DTC") established and maintains positions in the aforementioned Escrow CUSIPs. Pursuant to the Plan, such shares of WMIHC's common stock were deposited in the Disputed Equity Escrow established in accordance with the Plan and are to be maintained in the Disputed Equity Escrow until such time as Claims involving Disputed Equity Interests are either allowed or disallowed.These Escrow CUSIPs represent nominees' positions that would be used to make future distributions, if any, of common stock issued by WMIH Corp. Upon resolution of those Claims, the related portion of the shares maintained in the Disputed Equity Escrow will be distributed to claimants holding the newly allowed claim or, if the claim is disallowed, the related portion of the shares will be redistributed to beneficiaries of the Trust in accordance with the distribution mechanics set forth in the Plan.Since, GREIT’S last remaining asset is a single promissory note in the principal amount of ,000,000, distributions depend on payments received toward the balance due on the Note.An extension on the Note has caused this delay in providing investors with a distribution.Q: Will I receive a final financial / account statement upon dissolution of the G REIT? An account statement will be mailed to each investor with the final distribution payment. Please mail all reissue requests to GREIT Liquidating Trust ATTN: REISSUE at PO BOX 951 Carlsbad, CA 92018.
In June 2015, several Claims were disallowed and 1.4 million shares were subsequently distributed to holders of Escrow CUSIPs on a pro rata basis; however, a holder received such a distribution solely to the extent such holder's ownership position resulted in a distribution of at least one share.
While the migration of transfer services to Computershare was relatively complex, we are pleased to advise you that the effort is now complete and all inquiries regarding registrations, transfers and distributions can be directed to Computershare as follows: Telephone Inquiries: General Shareholders (non IRA accounts): E-mail Inquiries: [email protected] Requests: Computershare P.
SEATTLE, March 16, 2017 /PRNewswire/ -- WMI Liquidating Trust (the "Trust"), formed pursuant to the confirmed Seventh Amended Joint Plan of Affiliated Debtors under Chapter 11 of the United States Bankruptcy Code (as modified, the "Plan") of Washington Mutual, Inc.
UPDATE FOR ALL G REIT INVESTORS All G REIT investors should have recently received a distribution check representing the first of three (3) distribution payments to be delivered in relation to the final liquidation and winding up of G REIT.
To address anticipated questions and in order to provide important information to investors, please see below: While we had expected to be in a position to issue a distribution by September 31, 2017, that date has necessarily been delayed.
("WMI"), today issued a statement regarding certain Escrow CUSIPs issued to eligible former shareholders of WMI.