Tuesday, May 02, 2017 12:03:31 PM
and' now ? a precedent setting Court Ruling which has been utilized in subsequent cases' referring specifically to Judge Walrath and the WMI now settled Reorganization' ...
~ FJR Interest (ours was plan approved set at 1.95%) ... is to be paid ... "on your claim" ... not to be ... "included in your claim"
(a Class 17 WMB Bond' is deemed to have released upon receipt of its designated return),
Class 17 WMB Bonds all have a maturity date (WMB sr's, were sold only to accredited investors and WMB jr's, were sold on the secondary market)... each WMB Bond' will receive a return of value equal to its individual date of maturity, plus 1.95% until the FDIC's issued "Receivership Certificates" complete and finalizes their claim' ...
(a releasing),
Class 19 Preferred Security's (P's and K's alike) are able to exceed their prospectus' stated security value' ... SO' ... "due to the fact" that a Class 19 has yet to be addressed regarding their claim ? ... a class 19 security has been accumulating unlimited' 7.75% prospectus based interest from the Original Date' ... Sept 2008 ... thru to present tense, and then ALSO was given an additional FJR (1.95%) interest accrual accommodation' since the Approved Plans Implementation Date', March 2012' ...
(a releasing),
Class 22 Common Share (uq's) ... are the actual owners of the Entire WMI Estate' ... who's claim is not a determinative or value specified issue' ... the releasing uq's simply get - all of the original estate' and all that financial value will subsequently involve' ...
Currently ... we are waiting for WMI II (the WMB Action) to be finalized, with the remaining releases intact and completed' ... at which time the NoteHolders' (there are 120 original institutional filers in WMI II)
~ will be deemed to have NOW' changed from originally releasing without prejudice on 03/19/2012, to NOW " releasing with prejudice" ~
I hope that was helpful'
AZ
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