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Wednesday, April 25, 2018 7:20:47 PM
doesn't need to know much with the retained assets other than say the assets are retained
Further as to just show that yes assets do reside outside of the BK's Reach... We can look to this Department of Justice's Settlement Agreement with JPM
Per the 2013 Department of Justice's Settlement Agreement with JPM (1 of 2 Settlement Agreements), JPM did NOT become successor in interest to:
1) Washington Mutual Bank = WAMU = WMB
2) WAAC
3) WMMSC
4) Long Beach
JPM could take the shell, but not the nut. That is safe harbor and legal isolation, in action. Thanks Boarddork
So it is too say Susman, Brian, Willingham, The judge, an all the other players hedgies and alike knew what lay beyond, and what lay beyond was quite large. So we all can scream yell, demean, bash, berate, belittle, batter, bully, chide, but in the end it wont change the fact that there is a large pile of money and it is returning to its rightful owners.
Rightful owner regards,
B
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