Capone - effective date = date the POR took effect = Date of Bankruptcy Exit = 3/19/2012
From info box: After a 3 ½ year bankruptcy proceeding, we emerged from bankruptcy on March 19, 2012 with a new board of directors and certain new officers.
The Liquidating Trust Beneficiaries are/were in a priority sequence (aka waterfall) -- the initial monies went to creditors, and stopped. As new monies came in, the next in waterfall sequence are paid -- we are now in the PIERS (where we are now) level -- and after that, former equity -- aka, Escrow