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Post# of 749756
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hotmeat

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Re: jerrylev post# 545835

Wednesday, 11/07/2018 7:47:10 PM

Wednesday, November 07, 2018 7:47:10 PM

Post# of 749756
It could be <$40M because Class 17(b) and 18 have mostly settled claims with the LT that must be paid before equity.

At this point it looks more like $20-$25M will be available for distribution to equity, or possibly much less.

These payments are separate from the billions in debt still owed to WMB Bonds, Classes 17(a) + (b), by the FDIC.

25.2 Cancellation of Common Equity Interests:.., on the Effective Date, ALL Common Equity Interests shall be deemed extinguished and the certificates and ALL other documents shall be deemed cancelled.

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