XML 24 R11.htm IDEA: XBRL DOCUMENT v3.24.3
Liquidation Trust Interests
 12 Months Ended
Jun. 30, 2024
Liquidation Trust Interests [Abstract]  
Liquidation Trust Interests
8)
Liquidation Trust Interests

The following table summarizes the Liquidation Trust Interests (rounded) for the years ended June 30, 2024 and 2023:

    For the Year Ended June 30,  
   
2024
    
2023
  
Liquidation Trust Interests
  
Class A
    
Class B
    
Class A
    
Class B
  
                         
Outstanding at beginning of year
    
11,515,800
      
675,617
      
11,513,535
      
675,617
  
Allowed claims
    
1,896
      
334
      
2,881
      
-
  
5% enhancement for certain allowed claims
    
-
      
-
      
144
      
-
  
Settlement of claims by cancelling Liquidation Trust Interests
    
(1,222
)
    
-
      
(760
)
    
-
Outstanding at end of year
    
11,516,474
      
675,951
      
11,515,800
      
675,617
  

At the Plan Effective Date, certain claims were disputed. As the claims are resolved, additional Class A Interests and (if applicable) Class B Interests are issued on account of allowed claims and no Class A Interests or (if applicable) Class B Interests are issued on account of disallowed claims. The following table summarizes the Trust’s unresolved claims against the Debtors as they relate to Liquidation Trust Interests (rounded) for the years ended June 30, 2024 and 2023:

    For the Year Ended June 30,  
   
2024
    
2023
  
Liquidation Trust Interests
  
Class A
    
Class B
    
Class A
    
Class B
  
                         
Reserved for unresolved claims at beginning of year
    
13,875
      
333
      
90,793
      
333
  
Allowed claims
    
(1,896
)
    
(333
)
    
(1,348
)
    
-
  
5% enhancement for certain allowed claims
    
-
      
-
      
-
      
-
  
Disallowed claims
    
(9,901
)
    
-
      
(75,570
)
    
-
  
Reserved for unresolved claims at end of year
    
2,078
      
-
      
13,875
      
333