Friday, July 20, 2018 3:06:16 PM
1. WMIIC bankruptcy
2. WMI bankruptcy
Dude... safe harbored trusts and participation interests are outside of the bankruptcy box !!
* The judge only rules over bankruptcy specific assets.
* The judge can NOT rule on bankrtucy remote assets. They are outside the courts jurisdiction.
* The LT is only trustee for "certain" bankruptcy assets.
* The LT is NOT trustee for bankruptcy remote assets in safe harbor
This is not hard to understand.
Seriously, you guys are arguing over the bankruptcy S^&%T sandwich Rosen decoy designed comprised of ONLY "certain" assets of the LT, and missing the wine and cheese platter at the end of the table.
Bankruptcy remote, is bankruptcy remote. LOGIC. You can recite the whole POR, GSA, etc. till your blue in the face...........THEY DO NOT GOVERN bankruptcy remote trusts.
You cant claim to believe in Safe Harbor and bankruptcy remote trusts for legacy who released, by antithetically using bankruptcy document quotes and LT propaganda, that have zero influence or control over that very thing.
It's like trying to apply England's Parlimentary governing process in our United States Senate and House. Doesnt work. One doesnt control the other. Each is designed to govern over its own jurisdiction.
Axel
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