Causes of Action	6 Months Ended
Dec. 31, 2025
Causes of Action [Abstract]
Causes of Action	11) Causes of Action One of the Trust’s liquidation activities is to litigate and/or settle Causes of Action. The main areas of litigation have involved actions against Comerica Bank, nine law firms and 10 individual attorneys. As of December 31, 2025, the cases against Comerica Bank, the law firms and the individual attorneys had been settled or dismissed. During the three months ended December 31, 2024, no cases against law firms and individual attorneys were settled. During the six months ended December 31, 2024, the case against the one remaining law firm and one individual attorney was settled. During the three and six months ended December 31, 2025, no cases against laws firms and individual attorneys were settled. The Company recognizes recoveries from settlements when an agreement is executed, final court approval is received (if required), and collectability is reasonably assured. The Trust has also filed numerous avoidance actions, most of which have been resolved, resulting in settlement recoveries by or judgments in favor of the Trust. As of December 31, 2025, two legal actions remain pending. Additionally, since February 15, 2019 and as of December 31, 2025, the Trust has obtained default, stipulated and summary judgments related to certain avoidance actions. It is unknown at this time how much, if any, will ultimately be collected on the judgments. Therefore, the Company recognizes recoveries from these judgments when they are probable and estimable. During the three and six months ended December 31, 2024, the Company recorded approximately $103,000 and $3,550,000, respectively, from the settlement of Causes of Action. The Company did not record any amounts from the settlement of Causes of Action during the three and six months ended December 31, 2025. The Company also recorded liabilities of 5% of the settlements as amounts payable to the Liquidation Trustee and an allowance for uncollectible settlement installment receivables. See Note 4 for additional information about the settlement receivables, net as of December 31, 2025 and June 30, 2025.

One of the Trust’s liquidation activities is to litigate and/or settle Causes of Action. The main areas of litigation have involved actions against Comerica Bank, nine law firms and 10 individual attorneys. As of December 31, 2025, the cases against Comerica Bank, the law firms and the individual attorneys had been settled or dismissed. During the three months ended December 31, 2024, no cases against law firms and individual attorneys were settled. During the six months ended December 31, 2024, the case against the one remaining law firm and one individual attorney was settled. During the three and six months ended December 31, 2025, no cases against laws firms and individual attorneys were settled. The Company recognizes recoveries from settlements when an agreement is executed, final court approval is received (if required), and collectability is reasonably assured.

The Trust has also filed numerous avoidance actions, most of which have been resolved, resulting in settlement recoveries by or judgments in favor of the Trust. As of December 31, 2025, two legal actions remain pending. Additionally, since February 15, 2019 and as of December 31, 2025, the Trust has obtained default, stipulated and summary judgments related to certain avoidance actions. It is unknown at this time how much, if any, will ultimately be collected on the judgments. Therefore, the Company recognizes recoveries from these judgments when they are probable and estimable.

During the three and six months ended December 31, 2024, the Company recorded approximately $103,000 and $3,550,000, respectively, from the settlement of Causes of Action. The Company did not record any amounts from the settlement of Causes of Action during the three and six months ended December 31, 2025. The Company also recorded liabilities of 5% of the settlements as amounts payable to the Liquidation Trustee and an allowance for uncollectible settlement installment receivables. See Note 4 for additional information about the settlement receivables, net as of December 31, 2025 and June 30, 2025.