~ Don't Guess' ~ Know' What You Own ~
Here, as well as in other areas ?, there's always a very large portion of "myth and lore", sprinkled with just a small amount of "fact" to give the appearance of reality' ...
Beyond WMI's Reorganization and March 2012 Implementation, The D.C. Dual Track's Settlement Requirements, (Globic'), needed to also be Completed' (now, done as of 12/31/2017)
Judge Walrath Only Allowed ONE SPECIFIED', WMI Performing Trust to be able to be discussed (the posit consideration) as well as included in Plan 7' (Washington Mutual Capital Trust 2001)
... ALL' other performing trusts (there are hundreds of them) were not allowed to be presented or discussed by either the Equity Representation, nor, was the Examiner' able to access their production ...
... Finally, ... this "Special Distribution", needs to occur to complete WMI's Senior Debt (Tranches 1 Through 4) ... ("hopefully" as B. Rosen stated, to be done in November) ...
"Non Creditor Claimants Are Pari-Pasu With Equity Class 22"
Remember, ONLY ONE (Very, Very Large') PERFORMING TRUST, was able to be discussed and was actually included within the Approved Plan 7' ... ALL of the other' ABS-Certs' (hundreds of them), were participated in "Only"
... Yes, The Process Moves Forward, Everything is Just Fine, ...
I began dissecting the First Day Filings, and how relevant the First Bankruptcy Filings, the separation of WMIIC', was going to be to the end process ...
I bet a “Road King” that Plan 6’ would fail’, It Did' ... Rule 510 was being forced upon the WMI Reorganization, in Judge Collyer's Court in D.C.
I listened to the July 2011' Court Hearings, including J. Carreon's presentation to Judge Walrath regarding the possible Operating Loss Tax Advantages moving forward (NOL's)
At Plan 7’s Implementation in March of 2012', I said, It Was NOT YET Over’ ... D.C.’s Dual Track’, was still ongoing ...
I have discussed at length the specificity of the WMI' Liquidation Trust to only be able to work through the reported WMI's Approved Reorganization ... Verified within each WMI-LT submitted QSR', and Now ?, to be very soon completed, with ALL "Cash"
I tried to bring reality to the "75/25 to the end" nonsense', and specify that ratio to only a RE-Distribution of the WMI-LT's leftovers ...
I brought the NO LTI’s beyond a class 17(a), conversation forward
I spoke about the Tranche 5 Class 17 WMB Bonds while the D.C. Litigation was still ongoing ...
I also brought the hundreds of Class Segregated Performing Trust conversation forward ...
I also told everyone to watch the newco WMIH-Corp in early December 2017’ while it was trading at .75 or less, ... only to jump when the merger was announced on Feb 13, 2018’ ...
In The August 2018 "Motion" Submitted, ... Footnote 1', was changed for the very first time, after over 12,500 documents filed
And now, I would like everyone to pay attention to the Now Court Approved, WMI-LT's 08/30/2018, Proposed Order’s Actual Implementation ... points 3, 4,and 5, sequentially ...
... there's more of course but ?, I have been trying to help you guys ... (opinions and conclusions ?, YES' ... Guessing and wishful thinking ?, ABSOLUTELY NOT
... It is what it is, and it is just about done', and as has been documented and verbally stated, ... "and shortly thereafter close the cases" ...
AZ
