Price communications corporation liquidating trust
The Trustee will continue to make 100% distributions to holders of Allowed 30.7 Claims.
Holders of Allowed Futures Claims that did not receive the full amount of their Prior Distributions will receive their pro rata share of the undistributed portion of all Prior Distributions.
In the case of corporations with stock, one corporation owns or controls another if it owns more than fifty per cent of the other corporation's common stock with voting rights.
(f) Telecommunications service, including prepaid calling service, prepaid wireless calling service, or ancillary service, is or is to be provided, but not including coin-operated telephone service; (g) Landscaping and lawn care service is or is to be provided; (h) Private investigation and security service is or is to be provided; (i) Information services or tangible personal property is provided or ordered by means of a nine hundred telephone call; (j) Building maintenance and janitorial service is or is to be provided; (k) Employment service is or is to be provided; (l) Employment placement service is or is to be provided; (m) Exterminating service is or is to be provided; (n) Physical fitness facility service is or is to be provided; (o) Recreation and sports club service is or is to be provided; (p) On and after August 1, 2003, satellite broadcasting service is or is to be provided; (q) On and after August 1, 2003, personal care service is or is to be provided to an individual.
NOTICE TO PFG FUTURES CUSTOMERS OF PROPOSED DISTRIBUTION On February 23, 2017, the Trustee filed the Trustee’s Motion for Entry of an Order Authorizing Additional Interim Distributions on Allowed 4d Customer Claims (the “Motion”). In the Motion, the Trustee requested authority from the Bankruptcy Court to make up to a sixty-three percent (63%) interim distribution of segregated cash to the holders of Allowed 4d Claims (the “Proposed Distribution”).
With respect to holders of Allowed 4d Claims that received all Prior Distributions, the proposed incremental distribution will be three percent (3%).
LAMBERSON, Fish & Richardson, PC, Redwood City, CA, argued for all defendants-appellees.
HAROLD BARZA, Quinn Emanuel Urquhart & Sullivan, LLP, Los Angeles, CA, for defendant-appellees Webex Communications, Inc., Cisco Webex, LLC, Cisco Systems, Inc.
(t) On and after August 1, 2003, snow removal service is or is to be provided.As used in this division, "personal care service" includes skin care, the application of cosmetics, manicuring, pedicuring, hair removal, tattooing, body piercing, tanning, massage, and other similar services."Personal care service" does not include a service provided by or on the order of a licensed physician or licensed chiropractor, or the cutting, coloring, or styling of an individual's hair. 41102 ; (s) On and after August 1, 2003, motor vehicle towing service is or is to be provided.The Litigation Trust is funded solely by the proceeds, if any, from the Claims.The Claims will likely be disputed and the subject of litigation, and, therefore, there is no guaranty that there will be any recovery or distribution to the beneficiaries of the Trust.