~ LP, ... First, Thank You For Your Continued Presentations ~
In My own Opinion, and my own conclusions reached, ... I believe that each defining Plan 7' ... WMI I' Plan 7, Settled Class' ... Is' defined to a "return of investment" directly associated with its own original financial support' ...
I do not believe that a Class 17, WMB Noteholder Supporting Trust', and their accumulated returns, are able to be utilized to complete a creditor Class 16' or a piers security, ... nor in the same respect, ... do I believe that a releasing common (uq) shareholder, is able to gain access to an accumulated return, associated with an Original WMI Issued Class 19' preferred security, and their' Specific Trusts, Originally Assigned ...
These WMI I Class segregated, WaMu Investments, ... are seriously indivualized, per their own defining prospectus ...
Bankruptcy Rule 1129(b) explains how the court system takes the need to remove APR to specific issues, Very Seriously ... the following are the Plan 7' Mediated Settlement Result' ... that were presented to Judge Walrath for her approval of the Plan 7 Confirmation, ... and the specified allowances needed to remove APR'
One, ... the allowance of the AAOC settled $75,000,000.00 to jump over the classes and go directly to financially support the exiting new company, ultimately owned by the releasing class participants ...
Two, ... the WMI reorganizational settled allowance for the class WMB 17a's, to receive LTI's and the agreement of the settled payment for their associated WMI I Litigation, fees and expenses ... then, to take their rightful position in Tranche 5' ... awaiting a "Receivership Certificate" to be issued by the FDIC' ... once the WMI II (the WMB Action) dual tracking litigation, had reached a settled result (now, thankfully done & done),
Three, ... the allowance for the dimeq' Class 21's to receive their associated WMI I, reorganization Class 12' settled distribution, and their associated tracking markers initially issued, to have now disappeared' from a Holders account, due to their WMI I, reorganization completed Settled amounts ...
Four, ... and the most unpopular, misunderstood and severely misrepresented, ... yet quite documented ... was the eventual allowance of any original WMI-LT left overs, ... to be RE-Distributed ... simultaneously 75% / 25% to the class 19's and the class 22's ... in the same fashion as the DCR's release of 1.4 million shares of WMIH-Corp back in August of 2015' ... (obviously without the LT ever finding a need for issuing an - Interests - in the LT, or an LTI's, beyond Class 17a)
A WMI I, Plan 7 Reorganized Settlement, ... defines each releasing Class, to a ROI, associated with its original financial support ...
These are my own conclusions ...
AZ
