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Re: hotmeat post# 474795

Tuesday, 03/21/2017 6:52:29 PM

Tuesday, March 21, 2017 6:52:29 PM

Post# of 729922
Thanks! If that's the case then PIERs will have to be fully paid on May 1st distribution, and escrows will have to be issued LTIs, so that we get paid on June 1st?

I don't think the assets can remain in safe harbor after DB is discharged as the trustee. Otherwise, they will not be fulfilling their duty as trustee. I think assets must be distributed before DB is discharged as trustee. So May 31st/June 1st payment?
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