Chemtura Corp (fka CHMT)

[local]

We will have to wait a few more weeks to get the distribution.

"At the hearing on July 14, 2011, the Court granted the relief requested in the Oildale Reserve Distribution Motion. The Reorganized Debtors anticipate making a supplemental distribution to holders of Interests in Class 13a in the coming weeks with respect to the amounts authorized for distribution in the Oildale Reserve Distribution Motion and one-half of any excess amounts that may exist in segregated reserves following the consensual reduction of the segregated reserve for the Oildale Claim and settlement of the claims subject to such reserves (all in accordance with the Reserve Order)."

REORGANIZED DEBTORS’ THIRD POST-CONFIRMATION STATUS
REPORT FOR THE PERIOD FROM APRIL 1, 2011 THROUGH JUNE 30, 2011

Non-Objecting Creditors’ Reserve was approximately $44 million.
Total Segregated Reserves $7,435,066

http://www.kccllc.net/documents/0911233/0911233110715000000000002.pdf