Edward T. Stein Receivership H. Thomas Moran II, Receiver of Edward T. Stein Associates, Ltd

14Dec/12

December 2012 Update

The timing and amount of any subsequent or final distribution is subject to when the few remaining recovery efforts are completed and the receivership estate's tax liabilities are determined.  Because these things are not entirely within the Receiver's control, it is difficult to predict exactly when they will be complete.   However, the Receiver hopes that these issues will be resolved so that the estate can make its second, and likely final, distribution within the coming year.  The Receiver is currently preparing to file his receivership report through Dec. 31, 2012, that will further address these matters and the status of the receivership.