Liquidating Distributions

3 Months Ended

Jun. 30, 2018

4. Liquidating Distributions

Liquidating distributions in the three months ended June 30, 2018 consisted of the following:


(in thousands)	Fair Value
Distributions during the three months ended June 30, 2018	$	3
Less: Liquidating distributions payable as of March 31, 2018		(1,825	)
Add: Liquidating distributions payable as of June 30, 2018		1,823

Total	$	1

The distributions during the three months ended June 30, 2018 consisted of distributions to holders of Allowed General Unsecured Claims who previously failed to fulfill informational requirements for distribution established in accordance with the GUC Trust Agreement, but subsequently successfully fulfilled such information requirements.

The GUC Trust was obligated as of June 30, 2018 to distribute Distributable Cash of $1.8 million to the following: (1) certain holders of Allowed General Unsecured Claims who had not then satisfied certain informational requirements necessary to effect the distribution to which they are entitled and (2) holders of certain Term Loan Avoidance Action Claims as described in Note 3.