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Re: LuckyPanda post# 622851

Friday, 04/24/2020 8:03:56 PM

Friday, April 24, 2020 8:03:56 PM

Post# of 730698
LP Assets in a DST can't be claimed by debt holders, thats why they are otherwise called remote bankruptcy assets.Eventually those assets should be distributed to its owners after the trust is liquidated completely or those assets could be exchanged with another instrument for which the bankruptcy administrators probably had agreement with another company or will have an agreement.

The restated liquidating trust agreement parties might give us some idea based on who were the parties there to.The original LTI agreement was a public document and the restated one is not in the public domain.I contacted LT several times requesting this and they are not responding.

DCR was not an asset of LT, it is a separate entity and it was elected as a "Disputed Ownership Fund" as per Treasury rules.When it was elected, LT had to specify how much each disputed class was allocated with.

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