Thursday, February 01, 2018 3:27:03 PM
But I think the situation requires the final bancrupty court decesion not to get back the law actions. IMO, that is why the FDIC completes and takes all money at their hands. As soon as FDIC has full procedure completed regarding the POR7, they will ask the court for final approval to provide the payments/distributions.
IMHO nobody wants to risk the problems, and once CBA09 wrote here in one his post - the final result in on the court.
So I think the silent at BOD, KKR, Hedgies and other parties are about that. As soon as there is the court hearing with representative of FDIC (can be private as well) we could know, it can be the last step before final distribution / payment.
The next question is, if the final payment will be provided by WMILT or any other entity under FDIC responsibility. I do not know, if the final payment for ecrows must follow the same procedure like settlement for JPM or DB. But all escrows are known from 2012 and the final key for payments to all holdres can take less than 5 minutes and can be recorded in one small flash disc.
THat is my thought,
Martin
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