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Friday, 09/30/2016 8:44:43 AM

Friday, September 30, 2016 8:44:43 AM

Post# of 727630
~ The WMIH-Corp / WMIIC Connection' Supporting Documents ~ Thank you AZCowboy for your continued support


As the world watched, On 09/25/2008, The OTS / FDIC seized WaMu, ... or, ... to be factually correct, seized WMB', the banking subsidiary of the massive Washington Mutual, Inc. Estate ... Immediately, and on the very next day, 09/26/2008, the WaMu Estate, filed for two distinct and separate Chapter 11 Reorganization Bankruptcy Filings with the Delaware Court System' ... (initially KCC listed as Filing # 0001 & Filing # 0002)

The first bankruptcy filing was submitted for WMI Investment, recording no debt and no creditors, ... and ... the second filing was for WMI, which recorded assets at $32 billion dollars, with its liabilities recorded at $8 billion dollars' ...

The first of the TWO bankruptcy filings, entered for WMI Investment, was designed to maintain operations, move toward a future reorganization for the company, while the second of the TWO bankruptcy filings, entered for WMI, was designed to address debt, and pay with interest, all outstanding creditors' ...

Since these TWO bankruptcy's were quickly Court Ruled and Approved' to be procedurally joined, and for administrative purposes only, ... both' ... of the company progressions within the legal confines of the Delaware Court System were able to be accomplished ...

As the documents reveal, ... the first filing for WMIIC's chapter 11 reorganization, was never designed to allow creditor claims against it' ... again, ... as it initially filed with zero creditors and zero debt' ... and, as a subsidiary of the Parent Corporation, WMI ... WMIIC was allowed and destined to maintain its re-organizational operations throughout the entire Chapter 11 process, ultimately planning to exit bankruptcy as a reorganized entity' ... again, allowed by the Court to be financially separated from the WMI bankruptcy ...

... However, ... for WMIIC to maintain its operations, throughout the reorganization process, it needed a Court Approved functioning staff ...

William Kosturos, as the 10/02/2008 Court approved and named President and Chief Executive Officer of WMIIC ... along with A&M and it's national staffing and resources, were Court authorized to maintain and continue WMIIC's operations while it remained under Bankruptcy Protection, ... and merely joined procedurally only, (KCC Filing # 0025 - 10/03/2008) ... and for Administrative Purposes, (The Disclosure Statement - 01/09/2012 - [DN 9365]) along with document expedition to accommodate the WMI Bankruptcy ...

William Kosturos and the extensive staffing and resources available of Alvarez and Marsal, were Court approved, at the very onset of the 2008 process' to be placed appropriately, and be able to continue the seamless operation of WMIIC throughout the entire Bankruptcy and Reorganization Process' ... and ... again, Federal Court approved, being allowed to back date' - "nunc pro tunc" - to October 2nd, 2008, as Filing # 0246 reveals'

... Not only do all of the billing statements support this, but so does the sequence of events placed within the filings acknowledge this ... The procedural joining of the TWO BK's caused a tremendous amount of controversy during the Court Hearings and revealed within the relevant documents Filed' ...

Mike W and Esopus Creek' ... understood that' Pandora's Box had been carefully tucked away within WMIIC back in the early days and requested discovery of the joining of the bankruptcy's ... their requests, were consolidated within their (equity's) request for a shareholders meeting, ... and ... a review and discovery, regarding the procedural and administrative only, joining of the Two Bankruptcy Filings'

The end of 2009 and into early 2010 were tumultuous times, as the Court Hearings moved forward', equity's requests for depositions, a shareholder meeting, discovery of the BK joining, ... etc, etc' ... the links to the process are numerous, so I will spare everyone for now, ... what is ultimately important though is Filing # 0013' ...... Filed on 08/23/2010' ... The filing number, like many others was rolled back to the original issue being discussed'

This final Court Ruling on, 08/23/2010 lead to the beginnings of the four standing motions being filed, with the last Standing Motion' ... Filing # 8179 ... being filed on the eve of the Plan 6's Court Hearing to begin' ... July, 2011 ... Plan 6 obviously failed' ... and here we all are' ...

There are serious reasons, as revealed here, that the NASDAQ' saw value in WMIH-Corp and allowed it to be up listed' ... and ... also there was a reason that WMIIC was able to be listed as the Guarantor for the current and in place provided, Citi and KKR Rights Offering' ... Yep' ... the original WMI Debtors Estate Value that had been secured and separated from the WMI bankruptcy within the other WaMu Bankruptcy' ... WMI's own subsidiary, WMI Investment' = WMIIC



Filing # 0001 Filed 09/26/2008
The First of TWO' - WaMu Bankruptcy Filings, WMIIC(s) Filing for Bankruptcy Protection
www.kccllc.net/wamu/document/0812228080926000000000001

Filing # 0012 Filed 10/02/2008
The Request for Joint Bankruptcy Administration
http://www.kccllc.net/wamu/document/0812229081002000000000001

Filing # 0025 Filed 10/03/2008
The Courts Signed Approval for Joint Administration (notice the difference)
http://www.kccllc.net/wamu/document/0812229081003000000000002

Filing # 0013 Filed 10/02/2008
The Declaration of - Stewart Landefeld - ... "in support of" ... the administrative BK combining'
http://www.kccllc.net/wamu/document/0812229081002000000000002

Filing # 0065 Filed 10/13/2008
A&M and William Kosturos Request to be the Chief Restructuring Component (William Kosturos is currently the WMILT Trustee) - (don't miss the attachments)
http://www.kccllc.net/wamu/document/0812229081011000000000003

Filing # 0152 Filed 10/24/2008
Supplemental Declaration of William Kosturos - (don't miss the attachments)
http://www.kccllc.net/wamu/document/0812229081024000000000016

Filing # 0246 Filed 11/07/2008
The Request to backdate the naming of A&M and William Kosturos of designated CRO to be backdated to 10/02/2008
http://www.kccllc.net/wamu/document/0812229081107000000000004

Filing # 0013 Filed 08/23/2010
The Final Signed Order' (upon equity's request for discovery of the joining of the BK's) stipulating to "Procedural Purposes Only"
ORDERED: that consolidation of the above-captioned adversary proceedings is for procedural purposes only and shall not affect the parties substantive rights ... again' ... signed 08/23/2010 ...
http://www.kccllc.net/wamu/document/0812229100907000000000005

... I don't believe that anyone wanted a light placed on this WMILT's 03/29/2012 SEC 8-K ... filed a mere 10 days beyond the 03/19/2012 Implementation Date ... which actually named William Kosturos as the President and Chief Executive Officer of Investment ... dating back to Oct 2008 thru to the Reorganization ? ...

WMI Liquidating Trust ... Form 8-K ... Filed March 29, 2012
http://www.sec.gov/Archives/edgar/containers/fix067/933136/000090951812000138/mm03-2712_8k.htm

read, ... ITEM 5.02(c) ... and the reference to ... INVESTMENT ... "this'' ... is in direct reference to WMIIC" ...

Effective 10/11/2008 William Kosturos was named the CRO (Chief Restructuring Officer) of WMI' ... and between 10/20/2008 and the effective date' he was the President and Chief Executive Officer of Investment (WMIIC) ...

(c) Pursuant to the Agreement, William C. Kosturos, age 50, was appointed as the liquidating trustee of the Trust on March 6, 2012. Between October 11, 2008 and the Effective Date, Mr. Kosturos was the Chief Restructuring Officer of WMI, and between October 20, 2008 and the Effective Date, Mr. Kosturos was the President and Chief Executive Officer of Investment.

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