Bpp liquidating trust

Crispin Daly is an associate in the Firm's Business Solutions, Governance, Restructuring & Bankruptcy Group, with a focus on insolvency-based litigation.

He has represented liquidators, administrators, fixed-charge receivers, creditors and creditors' committees, shareholders and directors in a variety of situations including shareholder disputes, project finance initiatives, distressed asset and business sales (and related litigation), debt enforcement and asset tracing.

Each Periodic Redemption Unwind will be initiated by the delivery, from the Redemption Administrator to various parties, of a Periodic Redemption Unwind Notice.

The Redemption Administrator is generally required to deliver a Periodic Redemption Notice on the following dates: (i) a date on or prior to October 31, 2013, (ii) a date on or prior to December 31, 2013 (if reasonably practicable in the determination of the Redemption Administrator), and (iii) the first Business Day following the 15th of January, April, July and October of each year, commencing in January 2014 (each such date, a “Periodic Redemption Unwind Notification Date”).

On October 2, 2013, after a multi-year implementation process, amendments to the transaction documents of Master Asset Vehicle II (“MAV II”) and related documents (collectively, the “Amendments”) were executed.