Copper Property CTL Pass Through Trust is facing litigation after the termination of its portfolio sale agreement with an affiliate of Onyx Partners, Ltd. The buyer failed to close on the transaction, leading to its termination as outlined in the agreement. Despite this, the buyer has filed a lawsuit seeking specific performance or damages, alleging the Trust breached the agreement. The Trust maintains it fulfilled its obligations and plans to contest the lawsuit vigorously. Additionally, the Trust is in possession of $2 million of the buyer’s $5 million deposit and is pursuing the remaining $3 million currently held by the escrow agent, a claim the buyer is disputing. The Trust intends to distribute the $2 million to certificateholders in January 2026 and is reviewing further strategic options for its remaining property portfolio.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Copper Property CTL Pass Through Trust published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001837671-25-000091), on December 29, 2025, and is solely responsible for the information contained therein.