Global Brokerage, Inc. filed a pre-packaged plan of reorganization and related disclosure statement in the US Bankruptcy Court on December 11, 2017. Under the plan, administrative claims, professional fee claims, US Trustee fee and priority tax claims will be paid in full in cash. Other priority claims of $0.1 million will be paid in full in cash. There is no other secured claim and if any, it will be paid in full in cash. Existing Notes claims of $172.5 million will be cancelled and discharged and shall receive its pro rata share of the New Notes. The holders of unsecured claims of $0.1 million will be paid in full in cash or reinstated. Intercompany claims of $12.15 million shall be paid, adjusted, continued, settled, reinstated, discharged, or eliminated on the consent of the Noteholders and Leucadia. There is no other secured claim and if any, it will be paid in full in cash. Interests of equity holders shall remain unimpaired and reinstated. The plan will be funded from cash on hand, issuance of new notes and ongoing business operations.