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Instead, claimants may receive compensation by submitting a claim to the trustees who operate the asbestos trust.

The new facility is expected to be completed by December 2017 with transition to the new Stanford Hospital by spring 2018.

This transaction will be satisfied by the issue of new shares to be mutually agreed, according to SHC Capital.

Additionally, SHC has applied to the SGX for further extension of time to meet requirements for new listing rules.

A well-known example of gross cash recovery involves the Federal Deposit Insurance Corporation (FDIC).

The FDIC is responsible for liquidating the assets of failed and assisted banks, and during the 1980s and early 1990s it was forced to handle a large number of bank failures.