InvestorsHub Logo
Followers 29
Posts 1407
Boards Moderated 0
Alias Born 02/08/2015

Re: None

Friday, 01/13/2017 10:25:41 AM

Friday, January 13, 2017 10:25:41 AM

Post# of 730875
IMHO, as beneficiaries and holder of Lti one should read the February 24 2012 Form 8-K

Washington Mutual Inc Form 8K Febr 24 2012

Could the transfer of substantially all of The Law Debenture Company of New York (“Law Debenture Company”), trustee (the “Trustee”) its corporate trust business to Delaware Trust Company (“Delaware Trust”) according the WMIH January 2017 be considered the “Liquidating Trust Agreement” ?

FORM 8-K

Date of report (Date of earliest event reported): February 24, 2012

Washington Mutual, Inc.
(Exact Name of Registrant as Specified in Its Charter)


The WMI Liquidating Trust shall be responsible for liquidating, converting to cash and distributing the Liquidating Trust Assets to the Liquidating Trust Beneficiaries in accordance with the terms of a liquidating trust agreement that is to be entered into on or prior to the Effective Date by William C. Kosturos, as the liquidating trustee, CSC Trust Company of Delaware, as the resident Delaware trustee, and the Debtors (the ““Liquidating Trust Agreement”).

FORM 8-K

Date of report (Date of earliest event reported): January 11, 2017

WMIH Corp.

Item 6.02 Change of Servicer or Trustee.
On August 18, 2016, The Law Debenture Company of New York (“Law Debenture Company”), trustee (the “Trustee”) under the Indenture, dated as of March 19, 2012, by and between WMI Holdings Corp. (now known as WMIH Corp., the “Company”) and the Trustee, as amended by the First Supplemental Indenture, dated as of May 11, 2015, pertaining to $20 million aggregate principal amount of the Company’s 13% Senior Second Lien Notes due 2030 (the “Second Lien Indenture”), announced the transfer of substantially all of its corporate trust business to Delaware Trust Company (“Delaware Trust”). On January 5, 2017, Law Debenture Company notified the Company that the acquisition had been completed and that Delaware Trust had become the successor trustee and succeeded to the duties of Law Debenture Company as trustee under the Second Lien Indenture. Delaware Trust is a wholly owned subsidiary of Corporation Service Company and is licensed as a trust company in the state of Delaware and headquartered in Wilmington, Delaware. Delaware Trust has been engaged in the trust industry for more than a decade and serves in excess of 2,000 clients worldwide, representing more than $250 billion in assets under administration.

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