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Thursday, December 07, 2017 11:47:41 AM
Please respect the fact That I worked hard for this and someone was kind enough to take his time to reply so please as I have his permission to share respect the Man's kindness and do not contact him otherwise he may shut me down in the future. Regardless of how you may feel about him he did do this and that needs to be respected.
From: Barry [mailto:barry@]
Sent: Thursday, December 07, 2017 10:05 AM
To: Rosen, Brian S.
Subject: WMB/WMI
Dear Brian,
Congratulations on making the Super lawyer list. After following you and the WMB/WMI and the wamu case over the last 9 years I can see why you get paid the big dollars!... I am just a little guy whom has been doing my best to follow the complex case. I have a few questions if you can find it in your busy schedule to answer.
Proskauer Rose, and Rosen has you now listed as WMI’s attorney. Recently you there was a request for a three year extension by wmih. I thought POR 7 was the agreed upon plan and that it was in processs of being completed. Now it looks like we have a few parties that are not paying up?
Washington Mutual, Inc., has already completed all of its portion of the Settlement Agreements' ... with Filing # 9901 releasing WMB's "Equity Interest" on 03/16/2012', as was agreed' just ahead of the Plan 7 Implementation Date, which occurred three days later, on 03/19/2012' ... along with the Plan 7 agreed upon disbursement of WMI's Cash Settling Tranche payout' at the Reorganization' .
Specifically
Does not a “the six year rule apply” here ?
Thank you kindly for your time and consideration.
Best regards,
Barry
REPLY
From: Rosen, Brian S. [mailto:brosen@.com]
Sent: Thursday, December 07, 2017 9:38 AM
To: Barry <barry@.co>
Subject: RE: WMB/WMI
Thank you for your email.
You are correct that the Plan was confirmed and consummated. Distributions continue to be made as disputed claims are reconciled. Because several of these claims are the subject of litigation that will not be completed by March 19, 2018, the IRS extended the term of the Trust. The filing with the Bankruptcy Court is the confirmation of the IRS approval.
Brian S. Rosen
Partner
Proskauer
Eleven Times Square
New York, NY 10036-8299
d 212.969.3380
m 914.393.3040
f 212.969.2900
MY Reply
Dear Mr. Rosen,
You are truly phenomenal for answering a little guys email.
Who says powerful professionals are not kind and benevolent!
I have a simply request good sir.
May I share this with some fellow old WMI shareholders as there is a lot of confusion as to what is going on.
Of course if you direct me that it is ok I would,at your request remove all references to you or your firm. I ask this as only to sooth the confusion and angst that is raging amongst some old escrow holders. Sometimes we feel like mushrooms in a closet begging for sunlight that is almost never existent.
Hat tip of the month to you sir!
Best regards,
Barry
REPLY by BRIAN
Feel free to share. The motion explains it all. Have a nice holiday!
Brian S. Rosen
Partner
Proskauer
Eleven Times Square
New York, NY 10036-8299
d 212.969.3380
m 914.393.3040
f 212.969.2900
brosen@
A BIG THANK YOU GOES OUT TO AZCOWBOWY AS I USED HIS PRECISE STATEMENT AS HE WAS MUCH BETTER SPOKEN AND VERSED TO EFFECTIVELY SUMMARIZE THE EVENTS!
Az & Long Regards,
B
P.S I left one out there for Mr. Rosen but I believe he will not answer it being a super lawyer unless he is feeling the Holiday spirit but it would move markets so I do not think so.
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