News Focus
News Focus
Followers 65
Posts 6886
Boards Moderated 0
Alias Born 03/25/2015

Re: None

Friday, 07/27/2018 2:42:01 PM

Friday, July 27, 2018 2:42:01 PM

Post# of 749756
6 THE COURT: -- what about the value of the nondebtor
7 entities?
8 MR. ROSEN: All of that is already reflected by way of
9 the dividends that flow up to the debtors' estate. All of that
10 is in the opening balance sheet of the liquidating trust.
If
11 somebody wants a breakdown of that, Your Honor, we will go
12 through the brain damage to do that, and we will include it.
13 It doesn't matter. The number is already there. But if they
14 want the breakdown, so be it, Your Honor. It doesn't matter.
15 We will include it.
05/02/2011 hearing


IS HE NOT IMPLYING THAT IT COMES BACK TO WMIH FROM WMILT?

Trade Smarter with Thousands

Leverage decades of market experience shared openly.

Join Now