Liquidation Trust Interests

6 Months Ended

Dec. 31, 2023

Liquidation Trust Interests [Abstract]

Liquidation Trust Interests

8) Liquidation Trust Interests

The following table summarizes the Liquidation Trust Interests (rounded) for the six months ended December 31, 2023 and 2022 (unaudited):

	For the Six Months Ended December 31,
	2023					2022
Liquidation Trust Interests	Class A			Class B		Class A			Class B
Outstanding at beginning of period		11,515,800			675,617		11,513,535			675,617
Allowed claims		84			-		1,348			-
5% enhancement for certain allowed claims		-			-		67			-
Settlement of claims by cancelling Liquidation
Trust Interests		(1,222	)		-		(760	)		-
Outstanding at end of period		11,514,662			675,617		11,514,190			675,617

Of the 11,514,662 Class A Interests outstanding at December 31, 2023, 11,435,288 are held by Qualifying Victims (see Note 6).

At the Plan Effective Date, certain claims were disputed. As those disputed claims are resolved, additional Class A Interests and (if applicable) Class B Interests are issued on account of allowed claims or Class A Interests and (if applicable) Class B Interests are cancelled. No Class A Interests or Class B Interests are issued on account of disallowed claims.

The following table summarizes the unresolved claims against the Debtors as they relate to Liquidation Trust Interests (rounded) for the six months ended December 31, 2023 and 2022 (unaudited):

	For the Six Months Ended December 31,
	2023					2022
Liquidation Trust Interests	Class A			Class B		Class A			Class B
Reserved for unresolved claims at beginning of period		13,875			333		90,793			333
Allowed claims		(84	)		-		(1,348	)		-
5% enhancement for certain allowed claims		-			-		-			-
Disallowed claims		(9,000	)		-		(75,570	)		-
Reserved for unresolved claims at end of period		4,791			333		13,875			333

Of the 4,791 Class A Interests relating to unresolved claims at December 31, 2023, 1,880 were for Qualifying Victims (see Note 6).