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…
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…
GRAPEVINE, Texas, March 31, 2017 (GLOBE NEWSWIRE) — United Development Funding IV (“UDF IV” or the “Trust”) announced that it has filed a Schedule 14D-9 with the Securities and Exchange Commission in response to an unsolicited tender offer. The Letter to Shareholders of the Trust, which was filed as an…
GRAPEVINE, Texas, Nov. 08, 2016 (GLOBE NEWSWIRE) — United Development Funding IV (“UDF IV”) announced today that its board of trustees has authorized a cash distribution of $0.08 per share payable on November 28, 2016 to shareholders of record at the close of business on November 18, 2016. About United Development Funding…
GRAPEVINE, Texas, Oct. 25, 2016 (GLOBE NEWSWIRE) — United Development Funding IV (“UDF IV” or the “Trust”) announced that it had filed a Schedule 14D-9 with the Securities and Exchange Commission on October 24, 2016 in response to an unsolicited tender offer. The Letter to Shareholders of the Trust, which…
October 24, 2016 Dear Shareholder: As you may be aware by now, SCM Special Fund 3, LP and MacKenzie Capital Management, LP (the “Offerors”) initiated an unsolicited tender offer to buy up to 1,550,000 common shares of beneficial interest (the “Shares”) of United Development Funding IV (the “Trust”) for $1.00...
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