Net Assets in Liquidation (Tables)

12 Months Ended

Mar. 31, 2014

Text Block [Abstract]

Schedule of GUC Trust Units

The following presents the changes during the years ended March 31, 2014, 2013 and 2012 in the numbers of GUC Trust Units outstanding or for which the GUC Trust was obligated to issue:

	Year Ended March 31, 2014			Year Ended March 31, 2013			Year Ended March 31, 2012
Outstanding or issuable at beginning of year		30,227,314			30,036,945			—
Issued during the year (1)		1,644,941			274,604			29,923,831
Less: Issuable at beginning of year (2)		(28,879	)		(113,114	)		—
Add: Issuable at end of year (2)		10,326			28,879			113,114
Outstanding or issuable at end of year (3)		31,853,702			30,227,314			30,036,945

(1) Of the 1,644,941 GUC Trust Units issued during the year ended March 31, 2014, 1,550,000 related to the Special Nova Scotia Distribution applicable to the Nova Scotia Settlement described in Note 5.

(2) The number of GUC Trust Units issuable at any time represents GUC Trust Units issuable in respect of Allowed General Unsecured Claims that were newly allowed during the fiscal quarter.

(3) The number of GUC Trust Units outstanding at any time represents GUC Trust Units issued in respect of Allowed General Unsecured Claims that were allowed in prior periods, including GUC Trust Units held by the GUC Trust for the benefit of (a) holders of Allowed General Unsecured Claims who had not yet supplied information required by the GUC Trust in order to effect the initial distribution to which they are entitled and (b) governmental entities that are precluded by applicable law from receiving distributions of GUC Trust Units and New GM Securities.

Allowed and Disputed General Unsecured Claims and Potential Term Loan Avoidance Action Claims

The following table presents a summary of the Allowed and Disputed General Unsecured Claims and Term Loan Avoidance Action Claims for the years ended March 31, 2014 and 2013:

(in thousands)	Allowed General Unsecured Claims		Disputed General Unsecured Claims			Term Loan Avoidance Action Claims		Maximum Amount of Unresolved Claims (1)			Total Claim Amount (2)
Total, March 31, 2012	$	30,036,882	$	5,205,267		$	1,500,000	$	6,705,267		$	36,742,149
New Allowed General Unsecured Claims		190,362		—			—		—			190,362
Disputed General Unsecured Claims resolved or disallowed		—		(1,600,396	)		—		(1,600,396	)		(1,600,396	)
Total, March 31, 2013		30,227,244		3,604,871			1,500,000		5,104,871			35,332,115
New Allowed General Unsecured Claims		1,626,386		—			—		—			1,626,386
Disputed General Unsecured Claims resolved or disallowed		—		(3,525,371	)		—		(3,525,371	)		(3,525,371	)
Total, March 31, 2014	$	31,853,630	$	79,500		$	1,500,000	$	1,579,500		$	33,433,130

(1) Maximum Amount of Unresolved Claims represents the sum of Disputed General Unsecured Claims and Term Loan Avoidance Action Claims.

(2) Total Claim Amount represents the sum of Allowed General Unsecured Claims and Maximum Amount of Unresolved Claims.