KCC's Corporate Restructuring Court Documents Search provides access to thousands of historical court documents located on KCC public access websites. Please use the form below to refine and maximize search results.
For information about the data provided, please review the Disclaimer statement.
Kurtzman Carson Consultants LLC ("KCC") does not guarantee or warrant that the data provided herein is accurate, complete, or current and shall not be liable to you for any loss or injury arising out of or caused in whole or in part by the acts, errors or omissions of KCC, whether negligent or otherwise, in procuring, compiling, gathering, formatting, interpreting, reporting, communicating or delivering the information contained in this website. KCC does not undertake any obligation to update, modify, revise or reorganize the information provided herein, or to notify you or any third party should the information be updated, modified, revised or reorganized. In no event shall KCC be liable to you or any third party for any direct, indirect, incidental, consequential or special damages (including, but not limited to, damages arising from the disallowance of a potential claim against a client of KCC or damages to business reputation, lost business or lost profits), whether foreseeable or unforeseeable and however caused, even if KCC is advised of the possibility of such damages. KCC is not in the business of providing professional or legal advice with respect to this website service and this website service should not be relied on as a substitute for financial, legal or other professional advice.
Electronic mail or other communications through this website or otherwise to KCC or any party in connection with any matter will not be treated as privileged or confidential. KCC does not endorse or warrant and is not responsible for any third-party content that may be accessed from this website.
Welcome to the LB Trust Official Information Website.
This website has information related to the Litigation Trust and Creditor Trust as well as the Creditor Representative established pursuant to the Plan of Reorganization of Lyondell Chemical Company and its affiliates.
Recently issued regulations under the Foreign Account Tax Compliance Act ("FATCA") require certain individual U.S. taxpayers to annually report the value of "specified foreign financial assets" on IRS Form 8938. These assets could include shares or equity awards in settlement of a bankruptcy claim, in a company incorporated outside of the U.S, including LyondellBasell Industries N.V. ("LYB").
- Penalties for non-compliance are severe. The minimum amount to trigger a FATCA reporting obligation for a taxpayer residing in the U.S. and filing as a single individual is $50,000 on the last day of the taxable year or $75,000 at any time during the taxable year.
- Form 8938 and the related instructions may be obtained at: Form 8938.
- If you held LYB shares during tax year 2011, you are strongly advised to consult your personal tax or legal advisor to determine whether the FATCA reporting requirements apply to you.
- If you have a disputed claim and did not receive a distribution soon after April 30, 2010, you may be entitled to a distribution that will likely include a cash and stock component if your claim is allowed. If you become entitled to stock, the shares will be distributed to you through Computershare, the transfer agent for the Trust. At that time, you will receive notification, along with an information packet from the agent. Please note the Trust cannot effectuate a stock distribution to anyone who has not returned a W-9 form, or W-8BEN form where applicable, to Verdolino & Lowey, the Administrator for the LB Trust.
Please include your tax identification number, current address information, sign your full name, date and mail, email or fax your completed W-9 (or W-8BEN) form(s) to:
c/o Verdolino & Lowey, P.C.
124 Washington Street, Suite 101
Foxboro, MA 02035
Attn: Mary Jo Schindler
Please provide an email address that can be used to send you periodic communications relating to the Trust. This will help lower expenses and enhance the overall recovery for creditors. You can submit your email address by clicking submit an inquiry.
An initial distribution of approximately 15.4% was made to unsecured creditors whose claims had been allowed as of the Effective Date (April 30, 2010), subject to certain holdbacks and/or withholding taxes. Creditors who received initial distributions may be entitled to additional amounts as other claims are resolved or in the event that additional funds are recovered in connection with the causes of action being pursued by the Trusts. However, the timing and amount of any such distributions is unknown at the present time.
If you are a creditor with an allowed claim(s) against either Millennium Specialty Chemicals, Inc. or Millennium Petrochemicals, Inc., in addition to your pro rata share of the $450 million in settlement consideration paid in connection with the Lender Litigation Settlement, you may also be entitled to additional distributions from the Millennium Custodial Trust in the form of stock in the reorganized company as and when such distributions are made. If you have any specific questions relating to distributions from the Millennium Custodial Trust, you may contact Regina Lee (email@example.com).
If you have any questions relating to the status of your claim(s) please contact the company’s restructuring advisor (AlixPartners) at 800-414-9605 or LyondellBasell@alixpartners.com. If you have questions regarding potential future distributions please contact firstname.lastname@example.org.
Kurtzman Carson Consultants LLC ("KCC") maintains this website for the convenience of the LB Trust beneficiaries and at the direction of Brown Rudnick LLP, the attorneys for the LB Trust.