8-K 1 gf5form8-k12042006calisale.htm PLM EQUIPMENT GROWTH FUND V FORM 8-K 12-04-2006 PLM Equipment Growth Fund V Form 8-K 12-04-2006
 

 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

_________________________________________

FORM 8-K


CURRENT REPORT

PURSUANT TO SECTION 13 0R 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (date of earliest event reported): December 1, 2006

Commission File Number: 01-19203


PLM Equipment Growth Fund V Liquidating Trust
(Exact name of registrant as specified in its charter)


 
California
  
94-3104548
  
 
(State or other jurisdiction of Incorporation)
  
(I.R.S. Employer Identification No.)
  




405 Lexington Avenue, 67th Floor
New York, NY 10174
(Address of Principal Executive Offices) (Zip Code)

Registrant’s telephone number, including area code: (212) 682-3344



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Item 2.01 Completion of Acquisition or Disposition of Assets.

On December 1, 2006, PLM CAL I LLC (“CAL I”), an entity in which PLM Equipment Growth Fund V Liquidating Trust (the “Liquidating Trust”) owns a 40% interest, received cash proceeds of $3.5 million from Dougherty Air Trustee, LLC (“Dougherty”) for the owner participation interest in a Boeing 737-524 aircraft. Dougherty purchased the owner participation interest subject to debt of $11.6 million.

CAL I distributed approximately $1.4 million of the cash proceeds to the Liquidating Trust.

Other than in respect of the purchase agreement, there are no material relationships between Dougherty and CAL I, or any of their affiliates, or any director or officer of the Trustee of the Liquidating Trust, or any associate of such director or officer.

Item 9.01. Financial Statements and Exhibits.

(c) Exhibits

10.1 Purchase Agreement (N14645) dated as of December 1, 2006 between PLM CAL I LLC and Dougherty Air Trustee, LLC.



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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


PLM Equipment Growth Fund V Liquidating Trust
 
By: PLM Financial Services, Inc.,
its Trustee


By: s/s Richard K Brock
Richard K Brock
Chief Financial Officer

Date: December 1, 2006

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Exhibit Index


Exhibit 10.1 Purchase Agreement (N14645) dated as of December 1, 2006 between PLM CAL I LLC and Dougherty Air Trustee, LLC (filed herewith).