That is an excellent Demand For Payment letter for
anyone to copy. I would add the final settlement amount
between the DOJ and JPM as follows:
DEMAND FOR PAYMENT
RE: Anchor Savings/DIME LTW holder
As an LTW Holder I, (your name) has a valid
lien/claim against, and interest in 85 % Net
of the Award – which was given/promised
to the LTW Holders upon the issuance of the LTWs.
I hold (# of shares owned) shares of the Anchor
Savings/DIME LTWs. As you may know Judge Block
in his Opinion and Order gave JP Morgan the Anchor
Savings/DIME LTWs Award of $538,615,584.62
including the $118,969,673 in tax gross-ups. A final
Settlement Agreement between the DOJ and JPM
reduced the Award to $ 513,645,584.62 including a
tax gross-up of $ 93,999,673.00.
The calculation I have used to estimate my claim is
based on 85 % of the base award of $ 419,645,911.62
before the tax gross-up of $ 93,999,673.00 is added -
and then divided by 112,975,597 LTWs.
85 % x $ 419,645,911.62 = $ 356,699,024.80
$ 356,699,024.80 - divided by 112,975,597
LTWs = $ 3.157
My request for payment calculates the shares held
95,000 X $3.157 = $299,915.00
Please correct if my calculations are incorrect.
I understand other holders may have also submitted a
request for payment, and this may be the
Case No: 20160328EOTLB0034.
Sincerely,
your name
your address
your email@comcast.net
847-xxx-xxxx
CC:
JP Morgan Chase
270 Park Avenue
New York, NY. 10017 Note: sent to mail address dated 04/13/2016
JONES DAY
Attn: Mrs. Adrian Wager-Zito,
51 Louisianan Av
Washington, DC 20001-2113
adrianwagerzito@jonesday.com sent to email 04/13/2016
