Liquidating trust and speed dating wehrly
At the end of 2013, the company had interests in 114 assets which should be reduced to 14 if we are successful with our current marketing efforts before we become a liquidating trust.To date, sales proceeds from closed transactions have yielded approximately 2.9M, as compared to an estimated range of net asset values for those assets of 6.2M to 2.9M on December 31, 2013.(the “Company”) announced the results of its reconvened special meeting held on June 23, 2017.The Company’s special meeting of stockholders was convened on June 2, 2017.
The Chrysler Liquidating Trust partnership grew out of discussions between Secretary Mc Donald and Bob Manzo, Trustee for the Trust on the importance of forging strategic partnerships and the ongoing work to end Veteran homelessness.
Shareholders approved the Company’s withdrawal of its election to be regulated as a business development company under the Investment Company Act of 1940.