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SO if I am understanding you or shall I say reading between the lines here, you think that escrow as being beneficiaries of the trust though wmi could get a cash offer and the offering company would buy it all? I don't know just asking for your point of view.
That is because the one that calls for the hearing can file a motion to withdraw it from the docket; if the judge takes issue with that (which she want) she can have her clerk have it remain and all parties will have to show.
I am not attacking anyone, all here should fight to hold what we/they have and to make as much off of it as we/they can. I am just saying to all the ones that are screaming injustice, while at the same time standing to make lots of money of that very injustice is just laughable. I for one do not give two chits about justice here, as long as we all make money, especially the pre-bk holders; a share is a share and we all know the risk.
"have there way with me" lol
I agree in the free market but to bitch about the injustice of a company and only holding post-bk shares is just down right laughable.
yes a share is a share, Harmed = damages, meaning loss of stock value. Any investor knows the risk but its one thing to buy into a bank that you trust and a totally different thing to buy a bankrupt companies stock.
Then you have a reason to shout
Just curious, do you hold pre-bankruptcy shares? My point is the only ones harmed by the alleged actions of JPM are the pre-BK holders. Now you can stand on your moral high-ground all you want but post-BK holders will make out like a bandit, I know I will and justice lol, well if you hold post-bk only your just as greedy as the ones that took Wamu down...
How irritating, its called ex parte communication and this is the kinda if chit that delays cases and has delayed this case. From pro-se litigants filing stupid motions, to letters sent to the judge. Did you send a copy of the the letter to all parties in compliance with the rules and file a proof of mailing? If not she can not read it with out informing the other parties. Geez.
Never mind, I just read his response to the defenses motion to dismiss. If you want to blame someone for this mess being held up blame the super Pro Se litigant Mark Sutton. Geez, the Honorable Judge dismissed it and wait for it transferred venue to NJ and the reason I suspect was she did not want to be bothered with any further proceedings.
Who is Mark Sutton I have just taken the time to read over the pleadings that where ultimately dismissed and venue transferred.
900B yeah what the hell ever LMAO.
It would lift my spirits of anything cam back by eoy. I just don,t see it.
Less I read this wrong we would not know until Jan 17th 2018
Hope all had a Merry Christmas so where are we on timeline eoy or foy.
Webster meaning of due diligence in business definition: research and analysis of a company or organization done in preparation for a business transaction (such as a corporate merger or purchase of securities).
Well, all these posters are theorizing, guessing and diluting the meaning of Due Diligence. News flash guessing is not DD!
I had lunch a couple of weeks ago with a friend who formerly specialized in Bankruptcies Law in his practice and he told me this is common if an estate is this large. Plus we will get distributions as the trust are liquidated according to the filings.
I third that sense I second that was taken. Best post of the year!
Maybe lol
Like I said, if there is no objections it would be signed, I am surprised there were no objections but it is what it is.
Maybe they where talking about a full 48 hrs before the distribute. Hang in there this has been a wild ride.
Thank God it passed!!!
Well the day is not over yet, but it sure looks grim lol.
Well R.D. we must not have been the holders...
Well it is what it is
Me too and my wife is sick of hearing it lol.
I hope tomorrow and I hope your right bro, Marry Christmas.
There is the way things are, The way things should be and then there is the law.
No because it was for tomorrow.
I would have to disagree if anything comes back it will go to tranche 6.
"Annex C to the Agreement was revised to clarify that holders of Preferred Equity Interests and
Common Equity Interests will be issued Liquidating Trust Interests in Tranche 6 on account of
those interests when Tranche 2 through Tranche 5 Liquidating Trust Interests have been satisfied
in full, and that the distribution to Tranche 6 will be shared 75% and 25% pro rata between claims
on account of Preferred Equity Interests and Common Equity Interests, respectively."
http://www.wmitrust.com/wmitrust/document/8817600120807000000000001
Hey that would be a great start...
Do we have any idea of the amount of distribution?
Well RD I hope we are holders lol
It's gotten pretty sad...
This stock reminds me of the show "Finding Bigfoot", everywhere they look and every sound in the woods is a Squatch!! lol
Yeah not yeah but hell yeah. I just have a hard time with all the dates and interpretations of the docs that = pleadings.
I agree lets just home it comes to fruition.
Not that it matters but because of the 75/25. Just another bunch of guessing and date manipulation.
Aweyeeeea dolla dolla bills yaw before EOY according to LG
No it does not! It allows you to be incorporated in one state and register in another state to operate and even if you don't register if you operate in that state you will be subject to there longarm statute. If you do business in a state your company is subject to the jurisdiction of that states courts.