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Re: JusticeWillWin post# 402365

Friday, 07/25/2014 8:24:01 AM

Friday, July 25, 2014 8:24:01 AM

Post# of 729694
WMI, the shareholder of WMB, has gone through a Chapter 11 reorg and emerged as WMIH. Any payments that would have gone to WMI, i.e. the surplus - if any - remaining after the FDIC pays creditors, would go to the estate of WMI which is being administered - in accordance with the POR - by the Liquidating Trust.

In short: any shareholder distribution from the FDIC would go to the Liquidating Trust.

Any legal analysis I post may not be relied upon by anyone for any
purpose. If you want legal advice you can rely on, hire a lawyer.
Federal District Courthouse, Newark

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