AI The bankruptcy court and the Plan Administrator are concerned with the formal, legal ownership of the allowed claims as recorded in their registers, not the specific market where the bonds were most recently traded. Distribution Method: Distributions are made periodically (e.g., semi-annually) via checks or wire transfers to the contact information on file with the claims agent or indenture trustee. In summary, the distribution process is a formal, court-supervised mechanism that relies on established legal ownership records, not the informal classifications used in secondary market trading. The ultimate beneficial owners receive their funds through the financial intermediaries who are the legal holders of record.