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The Litigation Trustee will establish separate Record Dates for each subsequent distribution to unsecured creditors.
If you have any questions regarding the Record Date, please contact Michelle Cline at [email protected]
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Words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates" or variations of such words and similar expressions are intended to identify such forward-looking statements.
These statements are not guarantees of future payments to holders of beneficial interests in the Trust ("Liquidating Trust Interests") and are subject to risks and uncertainties that are difficult to predict.
Cautionary Statement Regarding Forward-Looking Statements This press release may contain certain estimates, statements of belief and assumptions that may be deemed to be "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and/or covered by the "Bespeaks Caution" doctrine applied by the courts under the antifraud provisions of the federal securities laws.
Such forward-looking statements are based on current plans, expectations, estimates and beliefs about the value of the assets of the Trust.
The Trust discloses the status of its operations (including the status of pending litigations) and unaudited financial information in a Form 10-K filed annually with the Securities and Exchange Commission.
In addition, the Trust files a Quarterly Summary Report with the Bankruptcy Court and under Form 8-K with the Securities Exchange Commission.
These Escrow CUSIPs represent nominees' positions that would be used to make future distributions, if any, of common stock issued by WMI Holdings Corp. 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.
Upon resolution of those Claims, the related portion of the shares maintained in the Disputed Equity Escrow will be distributed to the claimant 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.
Answers to frequently asked questions regarding distributions for claims Distribution Record Date: As a prerequisite to a distribution to unsecured creditors holding allowed claims in Class 3A, the Litigation Trustee of the NP Creditor Litigation Trust is required to establish a "Record Date" for purposes of determining the addresses to which distributions will be delivered.