Net Assets in Liquidation (Tables)

6 Months Ended

Sep. 30, 2019

Schedule of Cash and Cash Equivalent and Marketable Securities

As of September 30, 2019, cash and cash equivalents and marketable securities aggregated $452.5 million and are comprised of the following:


(in thousands)
Distributable Cash (including associated Dividend Cash)	$	419,594
Other Administrative Cash		31,425
Administrative Fund		1,213
Residual Wind-Down Assets		176
Funds for Indenture Trustee / Fiscal Paying Agent Costs		108

Total	$	452,516

Schedule of GUC Trust Units

The following table presents the changes during the three months ended September 30, 2019, in the number of GUC Trust Units outstanding or which the GUC Trust was obligated to issue:


	Trust Units
Outstanding or issuable as of June 30, 2019		31,855,504
Issued during the period		230,997
Less: Issuable as of beginning of period		—
Add: Issuable as of end of period		—

Outstanding or issuable as of September 30, 2019 ( 1 )( 2 )		32,086,501

(1)

The number of GUC Trust Units outstanding represents GUC Trust Units issued in respect of Allowed General Unsecured Claims that were allowed in the current or 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.

(2)	The number of GUC Trust Units outstanding or issuable as of the 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 General Unsecured Claims and remaining Disputed General Unsecured Claims and Term Loan Avoidance Action Claims for the three months ended September 30, 2019:


(in thousands)	Allowed General Unsecured Claims		Disputed General Unsecured Claims (1)			Term Loan Avoidance Action Claims			Maximum Amount of Unresolved Claims (2)			Total Claim Amount (3)
Total, June 30, 2019	$	31,855,432	$	50,000		$	1,494,843		$	1,544,843		$	33,400,275
New Allowed General Unsecured Claims		231,000		—			—			—			231,000
Disputed General Unsecured Claims resolved or disallowed		—		(50,000	)		—			(50,000	)		(50,000	)
Term Loan Avoidance Action Claims resolved or disallowed		—		—			(1,494,843	)		(1,494,843	)		(1,494,843	)

Total, September 30, 2019	$	32,086,432	$	—		$	—		$	—		$	32,086,432

(1)

Remaining Disputed General Unsecured Claims as of June 30, 2019 represented a general claim contingency for any future disputed claims or other obligations of the GUC Trust. During the quarter ended September 30, 2019, the GUC Trust released such general claim contingency because it was deemed no longer necessary.

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

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