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Status Reports
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PLEASE NOTE CORRECTION CONCERNING BACKUP WITHHOLDING TAX RATE.
With the upcoming first distribution of the Creditor Agent, if you have not submitted a completed W-9 form to the Creditor Agent by
April 2, 2012, he will be required to withhold
28% of your distribution payment and remit the tax on your behalf to the Internal Revenue Service.
No backup withholding is required if you have submitted a W-9.
(The Creditor Agent letter of March 14, 2012 incorrectly states that the backup withholding rate is 20%)
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Click on the links below to view the Creditor Agent's Letters to Creditors Providing Status filed with the Court:
June 1, 2011
Creditor Agent letter to Beneficiaries Regarding
Initial Distribution
Proposed Schedule for Initial Distribution
W-9 Form