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Re: newflow post# 474199

Thursday, 03/16/2017 9:34:18 PM

Thursday, March 16, 2017 9:34:18 PM

Post# of 726799
Agreed (for the most part) See post 474148 and post 474190 regarding Disputed Equity Escrow and the press release.
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As for DCR, Class 19 and 22 -

Assets of the DCR will be made available to the LTI holders in accordance with the Plan as and when disputed claims become disallowed.



http://www.wmitrust.com/wmitrust/document/8817600170130000000000001

In accordance with the Plan, the Trust will issue Liquidating Trust Interests to WMI's former shareholders if, and only if, the Trust is able to monetize Liquidating Trust Assets in amounts sufficient to pay-in-full claims held by beneficiaries of the Trust who are senior to members of Classes 19 and 22, and then, only if a shareholder had satisfied timely all conditions applicable to receiving any such Liquidating Trust Interests. There can be no assurances that the Trust will be able to monetize assets in a manner sufficient to give effect to the foregoing.



http://www.prnewswire.com/news-releases/wmi-liquidating-trust-issues-statement-on-escrow-cusips-300425225.html

So far I haven't seen an appeal to the employee claims disallowance.

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But again, none of this is new, except for the remaining 1.5 million shares in Disputed Equity Escrow (DEE), not being distributed (most likely to pay allowed claims).
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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