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Re: dennyduper post# 503309

Monday, 01/08/2018 2:05:30 PM

Monday, January 08, 2018 2:05:30 PM

Post# of 730095
WMI-LT, Breach of Fiduciary Duty

The proceeds from "the Final Payment" for "WMB and it's assets" must be distributed in a timely manner. The time it takes for KCC-DTC to transfer, and WMI-LT to record on EOY 2017 books. WMI-LT's job is to make sure it happens in a timely manner.

"the Final Payment" for "WMB and it's assets" is Pass-thru distribution, not Waterfall Feb 1st distribution.

"A fiduciary duty is an obligation to act in the best interest of another party. For instance, a corporation's board member has a fiduciary duty to the shareholders, a trustee has a fiduciary duty to the trust's beneficiaries, and an attorney has a fiduciary duty to a client".

https://www.google.com/search?q=Breach+of+Fiduciary+Duty&ie=utf-8&oe=utf-8&client=firefox-b


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