Net Assets in Liquidation (Tables)

3 Months Ended

Jun. 30, 2017

Text Block [Abstract]

Schedule of Cash and Cash Equivalent and Marketable Securities

As of June 30, 2017, cash and cash equivalents and marketable securities aggregated $513.2 million and are comprised of the following:

(in thousands)
Distributable Cash (including associated Dividend Cash)	$	498,548
Residual Wind-Down Assets		320
Other Administrative Cash		12,341
Administrative Fund		1,735
Funds for Indenture Trustee / Fiscal Paying Agent Costs		212
Total	$	513,156

Schedule of GUC Trust Units

The following table presents the changes during the three months ended June 30, 2017, in the numbers of GUC Trust Units outstanding or which the GUC Trust was obligated to issue:

	Trust Units
Outstanding or issuable at March 31, 2017		31,854,103
Issued during the period		47
Less: Issuable at beginning of period		(47	)
Add: Issuable at end of period (1)		1,350
Outstanding or issuable at June 30, 2017 (2)		31,855,453

(1) 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.

(2) 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.

(3) The number of GUC Trust Units outstanding or issuable at end of the quarter does not equal the amount of Allowed General Unsecured Claims on a 1 to 1,000 basis at the corresponding date because of additional GUC Trust Units that were issued due to rounding.

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

The following table presents a summary of activity with respect to Allowed and Disputed General Unsecured Claims and Term Loan Avoidance Action Claims for the three months ended June 30, 2017:

(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, 2017	$	31,854,031	$	50,000	$	1,499,204		$	1,549,204		$	33,403,235
New Allowed General Unsecured Claims		1,350		—		—			—			1,350
Term Loan Avoidance Action Claims resolved or disallowed		—		—		(3,972	)		(3,972	)		(3,972	)
Total, June 30, 2017	$	31,855,381	$	50,000	$	1,495,232		$	1,545,232		$	33,400,613

(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.