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Tuesday, January 02, 2018 10:34:25 PM
Footnote 2,
Out of an abundance of caution, the debtors also assert that, with respect to the "Change in Control" Agreements, to the extent a "change in control" is defined as a sale of all or substantially all of WMIs assets, no such change in "control has occurred". Therefore, even if this court were to find the Employee claims claimants can seek a recovery from WMI, such recovery should nonetheless be barred because , among other things, the contractual predicates to payments in the respective agreements have not been met. The Debtors Expressly reserve the rights to fully brief this issue should such briefing be required
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