Restricted Cash

9 Months Ended

Mar. 31, 2023

Restricted Cash [Abstract]

Restricted Cash

4) Restricted Cash

The Company’s restricted cash as of March 31, 2023, with comparative information as of June 30, 2022, is as follows ($ in thousands) (unaudited):

	March 31, 2023		June 30, 2022
Forfeited Assets (Note 7)	$	3,170	$	2,395
Distributions restricted by the Company related to unresolved claims, distributions for recently allowed claims, uncashed distribution checks, distributions withheld due to pending avoidance actions and distributions that the Trust is waiting for further beneficiary information		1,222		3,726
Total restricted cash	$	4,392	$	6,121

At March 31, 2023, the Company’s restricted cash is held in Trust Accounts. At June 30, 2022, the Company’s restricted cash was deposited with one financial institution.