The US Bankruptcy Court approved the second amended plan of reorganization of Whitestone Uptown Tower, LLC on July 3, 2024. The debtor has filed its second amended plan in the Court on May 16, 2024. As per the amended plan, administrative claims, professional fee, priority tax claims, other priority claims and Title 28 U.S.C. Section 1930 Fees shall be paid in full in cash.

Secured Claims of Dallas County, Secured Claims of Katy ISD, Secured Claims of Harris County, Secured Claims of RSS MSBAM2013-C13-TX WUT, LLC and general unsecured claims other than insider claims shall be paid in full in cash. Insider claims shall receive nothing under this plan. Equity interests shall be retained by their owners but shall receive no dividends or other distributions on these interests.

The plan shall be funded from available cash and sale of assets.