Beverly Hills Bancorp Inc. filed second amended plan of liquidation and related disclosure statement in the US Bankruptcy Court on August 22, 2014. As per the amended plan, debtor has eliminate the possibility of recapitalizing and reorganizing itself through new investment. Therefore the plan has been changed from reorganization to liquidation plan.

Treatment of all the classes of claims remains same as per the previous plan. Beverly Hills Bancorp Inc. filed plan supplement with respect to the second amended plan on August 28, 2014. As per the plan supplement, there are no changes in the treatment of the claim classes.

Beverly Hills Bancorp Inc. filed an amended liquidation analysis. As per the amended liquidation analysis, the debtor holds a cash in hand of $6.37 million.