InvestorsHub Logo
Followers 176
Posts 6761
Boards Moderated 0
Alias Born 12/26/2012

Re: None

Thursday, 01/21/2016 11:03:47 AM

Thursday, January 21, 2016 11:03:47 AM

Post# of 730132
~ WMI's Plan of Reorganization Told Us' ~

... The Planners' told us from the very beginning, what was earmarked to eventually come' back, and what was to be returned ... returned to the "releasing legacy shareholders as the owners of the WMI Estate" ... allowing WMIH-Corp to begin its financially forward movements' ...

Direct Text;

"the Company's equity interests in (i) Investment (all the assets of which will be contributed to the WMI Liquidating Trust, including any intercompany claims), "

The Company = WMIH-Corp

WMIH-Corp = owns the equity interests in (i) Investment

The Owners of the WMI Estate = are the owners of the assets (legacy releasing participants)

Investment = WMI Investment (WMIIC)

"all of the assets" = The WMI assets secured within WMIIC as stated' within the "First Day Filings" ... Sept 26, 2008 - Dec 8, 2008 ...

"of which will be contributed to the WMI Liquidating Trust" = Future Tense' and self explanatory

"including any intercompany claims", = again, revealed in proper fashion' ... (including' - not limited to - that's important)

So, ... BOTH' ... the WMI secured assets, as stated "secured" within WMIIC - and - the intercompany claims ... are to be returned' ...

intercompany claims = funding WMIH-Corp owes to the WMI estate, which allowed the financial completion of the Plan of Reorganization'

AZ
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent COOP News