SP Wind Down Trust
Pursuant to court order, CoMetrics Partners LLC has been retained as financial advisors, and Walter Jones appointed the Liquidating Trustee of the SP Wind Down Trust, which was formed in connection with the confirmation of the Plan of Reorganization of SP Wind Down Inc., (formerly Spheris, Inc.). The Plan was Confirmed in Delaware on August 28, 2010, Case #10-10352 (KG) (jointly administered).
The Plan became Effective on September 20, 2010 and at which time Mr. Jones assumed control of the assets and commenced the engagement to maximize the value of the Estate and distribute the proceeds.
We are very pleased to report that twenty-two cents on the dollar allowed claim, a value of $29.7 million was distributed within 30 days of the Effective Date. This represents approximately 85% of the estimated ultimate total proceeds to unsecured creditors. Although we have used a prudent estimate of the value and expense, no additional distribution can be assured.
We will look forward to maximizing your return. For more information consult the documentation below:
- BNY Notice to the Holders of Spheris Inc
- Letter to SP Wind Down Bondholder 6-30-11
- Trustees Second Distribution; 3-25-11
- SP Trustees letter 10-20-10
- Spheris Indenture Trustees Notice of First Distribution
- 677 Exh A Liquidation Trust Agreement
- Cometrics Order 7.13.10
- Court Docket Thru 10.12.10
- 0715 - ORDER - PLAN CONFIRMATION
- Spheris - 812 - Notice of Effective Date
- Disclosure Statement filed 7.13.10
- Liquidating Plan 7.13.10
- BAR Dates
- Spheris Fully Executed APA (Auction)
For access to the complete set of all Court filings please go to the Delaware Bankruptcy Court's site at https://ecf.deb.uscourts.gov/