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Saturday, October 31, 2015 6:56:43 PM
So, at the end of 2011, the parties involved, came to a Court Ordered mediated settlement ... In early 2012' the Settlement came to a realization with the Plan 7 approval ...
At Plan Approval, The Washington Mutual Liquidating Trust, was created and became legally designated
as the ... "Successor in Interest" ... to the massive Washington Mutual, Inc. Original Debtors Estate, ... Now, ... Owned by the releasing participants ... easily proven by ones ownership of existing tracking markers'
At Plan Approval, The exiting reorganized new company ~ WMIH-Corp ~ was created and became legally designated as the ... "Successor" ... to the massive Washington Mutual, Inc. Original Debtors Estate ... Now, ... Owned by the owners of the 206 million shares currently trading on the NASDAQ' ...
So, the connecting asset valuation link remains the same today, 10/31/2015' - as it was at the seizure, 9/25/2008' - and was also considered at the Plans Implemention 3/19/2012 ...
... The asset value of WMIIC, is owned by the WMILT, as WMIH-Corp continues to own the equity value in WMIIC ...
Again, The WMILT remains the "Successor in Interest" as WMIH-Corp remains the "Successor" to the massive Washington Mutual, Inc, Original Debtors Estate
At the very beginning, On 9/26/2008' ... Landefeld states within filing # 0001 ... Washington Mutual, Inc. ... owns 100% of the equity value in WMIIC ...
Now, ... I seriously doubt there is anyone left that actually believes that JPMorgan was able to purchase - WaMu, - lock stock and barrel, for a measly 1.88b administration fee paid to the FDIC' ... and ... many of us have uncovered extreme value still unaccounted for' ...
So, ... The WMILT, isn't responsible to the public and only produces an unaudited accounting on a monthly basis' ... so far ? recent up to 6/30/2015 ... To date ? the LT isn't reporting any of the WMIIC assets' or claims held against the estate' ... However, ... WMIH-Corp, is responsible to the shareholders within it's own 10-K and 10-Q filings, ... So far ? as recent up to 6/30/2015 ... The newco doesn't seem to have any of them either ...
So, ... Those WMIIC assets didn't just disappear, and can actually be tracked through the entire process, ... But so far ? ... no one is revealing their existence or value' ... Not Yet' ... Anyway ...
So, whether a participant owns the asset value of WMIIC ? with their ownership of tracking markers ? ... or' ... one owns the equity value of WMIIC ? with their ownership of shares in WMIH -Corp ? ... OR' ... a combination of BOTH' ... a participant should do quite well'... I hope everyone released as instructed to do'
Good Luck to Everyone
AZ
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