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Re: None

Friday, 02/05/2016 2:12:49 PM

Friday, February 05, 2016 2:12:49 PM

Post# of 3649
EI

Question

(After reading a bunch to get re acquainted with my own LT interest)

You noted in December - inside a longer post

The LT was set up by the Plan. The Plan called for WMIH to fund the LT. Once all the claims are paid, any leftover assets revert back to WMIH.

Since equity was not "extinguished" and there is "equity LT escrow" - would WMIH get any leftovers? While I do not see much reaching the equity escrow shares (depends on unpaid but funded claim settlement) --- do not the equity escrow interests have no ceiling? (If no ceiling no payment by LT to WMIH)

?

Thank you

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