Trustee’s Twenty-First Report

On October 2, 2020, the Trustee served materials in connection with its motion returnable October 15, 2020, in support of the Trustee’s request for an order (“Peter Richmond Distribution Order”) that:

  • Authorizes the Trustee to distribute the Realized Property to the syndicated mortgage lenders who advanced monies pursuant to the PRLA Loan (“PRLA SML Lenders”) and syndicated mortgage lenders who advanced monies pursuant to the LH2 Loan: (i) on a pari passu basis with respect to the portion of the Realized Property allocated to the parcel of land located at 122-124 Peter Street, and (ii) solely to the PRLA SML Lenders with respect to the remaining portion of the Realized Property.

Copies of the materials filed on October 2, 2020, including the Trustee’s Twenty-First Report, are available below.

 
 

Stay informed with more BDMC updates

Previous
Previous

Trustee’s Twenty-Second Report

Next
Next

Trustee’s Twentieth Report