Alp liquidating trust k 1, account options

The Partnership will vigorously defend its interests in the policies written by the plaintiff. In addition, the Administrator may, subject to the proviso in the preceding sentence, distribute any of the Trust Property to the Beneficiaries in-kind. Documents Incorporated by Reference.

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Alp Liquidating Trust

ALP LIQUIDATING TRUST - Current report filing (8-K) EXHIBIT

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General and administrative. Borrowers shall have delivered to Agent updated Schedules to the Credit Agreement as appropriate to reflect the status of the Schedules as of the date hereof. Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer.

The provisions of this Amendment are and shall be legal, valid and binding upon and enforceable against the Borrowers in accordance with their respective terms. Smaller reporting company. The source of both short-term and long-term future liquidity is expected to be derived from cash on hand and interest income earned thereon.


The current and prior three years remain open for examination. Principles of Consolidation. This Amendment shall not be construed more strictly against either party by virtue of the preparation hereof. The motion to expand the class was withdrawn. Reflects indirect beneficial ownership of beneficial interest units held directly by the The St.

Notes to Financial Statements. As a result of the direct and beneficial ownerships of outstanding shares of common stock of The St. The source of both short-term and long-term future liquidity is expected to be derived from cash on hand and income earned thereon. Cash and cash equivalents, beginning of period. Accounts payable and accrued expenses include legal fees, profile dating real estate taxes and other miscellaneous accruals.

Notes to Consolidated Financial Statements. All schedules have been omitted as the required information is inapplicable or immaterial, or the information is presented in the consolidated financial statements or related notes. Richard Rothal et al, Case No. Exhibits and Financial Statement Schedules.

  • Waterproofing Systems of Miami, Inc.
  • Such court may thereupon, after such notice, if any, as it may deem proper, prescribe and appoint a successor Resident Trustee meeting the qualifications provided for herein.
  • The Trust is not required to have, nor were we engaged to perform an audit of its internal control over financial reporting.
  • The Partnership has received from Zurich certain purported reservation of rights letters in connection with certain of the landscaping cases.

The case has been returned to the trial court for further proceedings including trial. Amounts receivable from or payable to the Administrator or their respective affiliates do not bear interest and are expected to be paid in future periods. The above recitals are true and correct and are incorporated herein by this reference. If the matter is not settled, hook up craigslist the defense of the case will proceed.

  1. Each Beneficiary shall be entitled to participate in the rights and benefits due to a Beneficiary hereunder according to the Beneficiary's Beneficial Interest Units.
  2. The net loss per beneficial interest unit is based upon the number of units outstanding at the end of each period.
  3. Cash and cash equivalents, beginning of year.
  4. The motion to expand the class was denied.
  5. Reflects beneficial ownership of beneficial interest units held directly by The St.

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Zurich is providing a defense of this matter under a purported reservation of rights. All distributions to the Beneficiaries hereunder shall be made pro rata according to their number of Beneficial Interest Units. Such transactions involve conflicts of interest for the Administrator or its affiliates.


Consolidated Balance Sheets. The liability also includes real estate taxes and other miscellaneous accruals. This federal case has been closed and Scottsdale re-filed its case in Florida state court. Indemnification of Certain Persons.


Address of principal executive office. All of the Trust's expenses shall be billed directly to and paid by the Trust. The complaint was filed, but not served. The defense of the case is proceeding.

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These factors include the time and expense to resolve all obligations, liabilities and claims, including contingent liabilities and claims that are not yet asserted but may be made in the future. In Count I, Plaintiff sued for breach of warranty. These remnant parcels have no value and, to the extent hereafter deeded to third parties, will result in no material proceeds to the Trust.

As noted above, under the terms of the Amendment, the General Partner was authorized, in its sole discretion, to complete the liquidation of the Partnership by forming a Liquidating Trust. It is intended as a trust to be governed and construed in all respects as a trust. The Administrator shall maintain any instrument that relates to any change in the office of Resident Trustee in the same place where the original Trust Agreement is maintained. The Administrator shall maintain any amendment of this Trust Agreement in the same place where the original Trust Agreement is maintained. Borrowers shall pay such sums immediately upon receipt of notice of such amounts from Agent.

Wholly owned subsidiaries of The St. Our responsibility is to express an opinion on these financial statements based on our audits. Interest and other income. Both of the foregoing officers have been elected to serve one-year terms.

Principal Accounting Officer and. The parties and their insurers have entered into agreements in principle to settle this case. The defendants include Waterproofing Systems of Miami, Inc. Prepaid expenses and other assets.

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The case is proceeding against the remaining parties. These associations have not filed suit. Each Beneficiary shall take and hold the same subject to all the terms and provisions of this Agreement. All such Beneficiaries shall be bound by the terms and provisions of this Trust Agreement. All material intercompany balances and transactions have been eliminated in consolidation.

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