LaSalle Re Holdings Ltd. (fka LSRAF)

[Punkha]

Leftover assets?
Does any one has any link or info about the balance sheet or accounts

As per the Nov 10 annocument (http://sec.gov/Archives/edgar/data/1001384/000095014210001720/form8k_111910.htm)
Based on the potential receipts from the final liquidation distribution from TGL to LSRH, and including funds currently in hand in LSRH’s bank account, less liquidation costs and expenses, the JLs believe that a final residual distribution should be available to the Series A Shareholders. This final distribution is however unlikely to be significant given that substantially all of the Company’s assets were previously distributed to Series A Shareholders in July 2008.

So two items are critical here
1)the balance sheet
2) Potential receipts from the final liquidation distribution from TGL
I am not expecting much from the point #2 as per the announcement TALLC Notes have a combined face value of $5 million, it is expected that they will only be redeemed or sold at a small fraction of their aggregate face value.