GRAPEVINE, Texas, December 19, 2019 (GLOBE NEWSWIRE) – United Development Funding IV ("UDF IV") (OTC PINK: UDFI) announced today that its board of trustees has authorized a distribution of $0.065 per common share of beneficial interest payable on December 31, 2019 to shareholders of record as of the close of...
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GRAPEVINE, Texas, Aug. 22, 2019 (GLOBE NEWSWIRE) -- United Development Funding (“UDF,” as described below) announced today the Texas Judicial Branch Fifth Court of Appeals (the “Appeals Court”) issued a decision favorable to UDF in the ongoing litigation between UDF and defendants J. Kyle Bass (“Bass”) and Hayman Capital (“Hayman,”...
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GRAPEVINE, Texas, Aug. 07, 2019 (GLOBE NEWSWIRE) -- United Development Funding IV ("UDF IV") (OTC PINK: UDFI) announced today that its board of trustees has authorized a distribution of $0.065 per common share of beneficial interest payable on August 30, 2019 to shareholders of record as of the close of...
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GRAPEVINE, Texas, November 15, 2018 (GLOBE NEWSWIRE) – United Development Funding (“UDF,” as described below) announced today the filing of its Appellate brief in the Texas Judicial Branch Fifth Court of Appeals (the “Appeals Court”) in the matter of J. Kyle Bass, et. al. versus United Development Funding, L.P., et. al….
GRAPEVINE, Texas, July 3, 2018 (GLOBE NEWSWIRE) – United Development Funding III, L.P. and United Development Funding IV (OTC:UDFI) (collectively “UDF” or the “Companies”) announce their settlement with the Securities and Exchange Commission (“SEC”) of all outstanding issues and the complete resolution of the SEC’s investigation. As previously disclosed by UDF, the SEC had been…
On June 20, 2018, the board of trustees of United Development Funding Income Fund V authorized a cash distribution of $1.20 per share payable on June 27, 2018 to shareholders of record at the close of business on June 22, 2018. Click here to view SEC filing.
Court Rules UDF Established a Prima Facie Case for Its Claims of Business Disparagement and Tortious Interference With Contract GRAPEVINE, Texas, June 12, 2018 (GLOBE NEWSWIRE) – After six months of litigation between United Development Funding (“UDF,” as described below) and defendants J. Kyle Bass (“Bass”) and Hayman Capital (“Hayman,” as described…
Please be advised that United Development Funding filed today (November 29, 2017) on Form 8-K with the U.S. Securities and Exchange Commission the following: On November 28, 2017, United Development Funding, L.P., United Development Funding II, L.P., United Development Funding III, L.P., United Development Funding IV, United Development Funding Income…
Dear Limited Partner: As you may be aware by now, Peachtree Partners initiated an unsolicited mini-tender offer (the “Mini-Tender Offer”) to buy up to 4% of the outstanding units of limited partnership interest (the “Units”) of United Development Funding III, L.P., a Delaware limited partnership (the “Fund”), for a price…
Dear Limited Partner, The past 23 months since the December 2015 hedge fund attack have been very difficult for our limited partners, their financial advisors, our clients and our management team. This attack disrupted United Development Funding III, L.P.’s (“UDF III” or the “Fund”) business and adversely impacted UDF III’s…
