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Friday, May 22, 2015 12:28:30 PM
Also, there could be a few rather sizable claims remaining. For example:
Claim Number: 1738
Name: The Bank of New York Mellon Trust Company NA as Indenture Trustee
Present Claim Amount: $4,132,421,621.73
Date Claim Filed: 3/17/2009
Debtor: Washington Mutual, Inc.
Present Claim Nature: General Unsecured
Claim Number: 2134
Name: Wells Fargo Bank National Association as Successor Indenture Trustee and Successor Guarantee Trustee
Present Claim Amount: $789,353,506.50
Date Claim Filed: 3/30/2009
Debtor: Washington Mutual, Inc.
Present Claim Nature: General Unsecured
Whether or not these significantly impact us depends on the total recovery amount, which is unknown at this time.
I don't think claims resolution can be calculated in the manner you posted. There are complex claims (JPM, Marta, FDIC etc) that would have required more extensive litigation. Since the largest ones have been officially expunged we are now left with the "scraps" which I believe can be dispensed with quickly.
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