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Company: PriceWaterhouseCoopers LLP

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The firm has five "primary" bidders, with six others targeting certain loans

A gavel rests on its sounding block with a several law books and a justice scale out of fucus in the background. A cool blue cast dominates the scene. (A gavel rests on its sounding block with a several law books and a justice scale out of fucus in t

The court appointed the firm based on an independent recommendation

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Court gives nod to receiver's plan to find counsel for investors

Business lawyer team. Working together of lawyer in the meeting.

Receiver to seek extension for advisory committees, approval for process to find investor counsel

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Judge asks PwC to provide input on counsel for investors

Business lawyer team. Working together of lawyer in the meeting.

PwC will hold a two-stage sale for the fund manager and its assets

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The receiver plans to file materials next week seeking court approval for a sale process

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Some investors may see a zero on their June 30 statements

business man using magnifying glass to inspect documents

The latest report to investors shows the majority of funds' assets have yet to be classified

Business lawyer team. Working together of lawyer in the meeting.

A judge has given PwC 60 days to sort out funds' finances before appointing lawyers to represent investors