In a court order dated August 13, 2010, Mission Insurance Company was authorized to make a distribution to approved creditors. This distribution will bring general creditors up to a dividend of 50%, creditors with an approved proof of claim of $100 or less up to 100% as a final distribution, and general creditors with an approved claim of $10,000 or less to a final distribution percentage of 75%. The total distribution of $58,260,312 will be scheduled for September 30, 2010. For more information see Order Granting Motion to Approve Distribution to General Creditors.
In addition, the record date for any notice of assignments is set for September 1, 2010. For more information see our Proof of Claim Assignment instructions page.