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Thursday, October 23, 2014 11:27:41 AM
In the case of Kmart - such finding of assets (which I do not think was so secret !!) went to the new shareholders of NEWCO
In the case of Kmart that was the original bondholders
HERE - due to the SUSSMAN work and the dude from Brookly (Jersey?) - Nate - we own NEWCO
So any such event - even if .000001% probable would drive any such found money to newco
as once the LT is done (whatever that means and whenever it happens) --- there is NO other place to claim it
Can JPM or WMB bondholders fight us - sure --- but NO ONE can claim it and put it in their pocket
The first pocket - in that construct is WMIH - and as we learned of 100 years on WaMu possession is 99% of winning
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