Trustee’s Second Report
On October 23, 2018, the Trustee served materials in connection with its motion returnable October 30, 2018, which provides, among other things, an update on developments in these proceedings since the First Report, including:
The in-depth project analyses being undertaken by the Trustee;
Projects subject to significant developments, including enforcement proceedings and negotiations for early payouts; and
The Trustee’s recommendation regarding certain of the funds maintained by the Trustee currently or received in the future, including (i) directing the Trustee to distribute certain of the funds and (ii) authorizing the Trustee to use the remaining amounts to fund the costs of required Trustee activities associated with the administration of the estate, subject to a fair and equitable allocation of such costs at a future date.
Copies of the materials filed on October 23, 2018, including the Trustee’s Second Report, are available below.