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Tuesday, April 19, 2016 11:58:47 AM
It is quite helpful, however, to have researched, studied and gained an understanding of what initially took place prior to equity's involvement ... and then, of course what lead to the final settled' reorganization, which included the releasing equity class participants' ...
Then following the newco' ... WMIH-Corp after the reorganization as the WMI Bankruptcy creditors were all addressed' ...
From the class 16's and their receipt of the runoff notes' ... through to Tranche 3 notifying everyone that it was being completed in the 12/31/2013 WMILT's Quarterly Report' ...
(Docket # 11584 - Filed 01/30/2014 ... footnote 2; CCB Balance excludes the LTI portion allocable to the common stock component of the CCB claim)
Then to KKR's arrival and WMIH involvement, with their purchase of the A's ... in early 2014' ? ... (IMO' to gain inner circle knowledge - a $10 million dollar tip of the toe' - and BOD involvement')
Then to KKR's additional inclusion with the B's in early 2015' ? ... a year later after the P&AA terminated ...
and' ... then of course all of the events in 2015' ... Jan 5th, 2015 and forward, all issues needing to be accomplished by July 5th, 2015, ... LG has already provided an excellent sequence of 2015's events ...
Nope' ... This IS the Big Time' ... This is ... WaMu ... if you released ? ... you are an OWNER of the WMI Estate' ...
The Tranche 5' ... Class 17'(a&b) and Class 18' - WMB seizure issues ? ... are not an obstacle' ... Tranche 5' (WMB seizure issues' legally placed after WMI creditor class issues) was a necessary part of the Settled' Reorganizational Plan 7' defined'
AZ
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