ITC conceived the BSRT as an opportunity to analyse and reveal export potential in LDCs as a whole, focusing on those sectors of particular importance to least developed countries, and highlighting constraints as well as opportunities.
The research carried out for the BSRT put together, we think for the first time, profiles of 13 sectors that look particularly promising for LDCs.
This is what the BSRT
process sought to encourage with its more optimistic picture of LDC conditions than many people have appreciated.
The last remaining illiquid asset of BSRT Liquidating Trust, a 7.
To effectuate the final termination, BSRT Liquidating Trust will execute a Liquidating Agent Indemnity Agreement with Banyan Survivor LLC, a company wholly owned by Robert G.
The settlement agreement provides, among other things, that BSRT make an immediate payment to Mr.
Higgins, former general counsel of Banyan and the Primary Trustee of BSRT Liquidating Trust, said: "Based upon our assessment of the risks naturally associated with litigation, the potential cost, expected delay before trial, the possibility of appeal and the uncertainty of the results, and upon the advice and recommendation of counsel, we have agreed to settle this litigation and terminate the liquidating trust.
Levine, involves allegations by BSRT
that Banyan had and has just cause to terminate Mr.
succeeded to the interest of Banyan Strategic Realty Trust when Banyan liquidated in January of 2003.
With Banyan now out of existence, the BSRT
Liquidating Trust will fulfill Banyan's obligation to cause Form 1099's to be issued to Banyan's shareholders for the calendar year 2002 and for the distribution into the Liquidating Trust in January of 2003.
Banyan's distribution of assets and liabilities into the BSRT Liquidating Trust on January 3, 2003 will mark the termination of Banyan Strategic Realty Trust.
Since Banyan will no longer be in existence, the BSRT Liquidating Trust will fulfill Banyan's obligation to cause Form 1099's to be issued to Banyan's shareholders for the calendar year 2002 and for the distribution into the liquidating trust in January of 2003.