Bart M. Schwartz

Dear Platinum Partners Stakeholders and Interested Parties:


I write with some updates on the status of the Receivership.  First, on May 17, 2017, I (on behalf of the Receivership Entities) concluded a settlement agreement with the Trustee of the Black Elk Energy Offshore Operations LLC Litigation Trust.  You can find the settlement agreement here and a set of frequently asked questions about the settlement agreement here.


Second, on May 19, 2017, the SEC and I (on behalf of the Receivership Entities) filed a letter with the Court discussing the status of the Receivership and certain upcoming filings that we plan to make.  I encourage you to read the letter, which you can find here.


Third, on May 31, 2017, we posted a proof of claim form for creditors of the Receivership Entities to inform me as Receiver of outstanding claims.  We have not yet set a deadline for the submission of claims.  Creditors can find the form here.

 Thank you for visiting.

 Very truly yours,

 Bart M. Schwartz as Receiver