On January 31, 2022, the Court granted an order (“January 2022 Omnibus Order”) approving:

the distribution of 85% of the Realized Property received by the Trustee in respect of the South Shore Project to all syndicated mortgage lenders in the South Shore Loans on a pari passu basis;
the distribution to the Investors in the Kemp Project of the remaining realized property being held by the Trustee in respect of the Kemp Project; and
the: (i) Twenty-Seventh Report and activities of the Trustee described therein; and (ii) the Trustee’s activities and its fees and disbursements, including the fees and disbursements of its counsel, for the period from May 1, 2021 to December 31, 2021.

A copy of the January 2022 Omnibus Order and the related endorsement is provided below.