Friday, November 16, 2018 9:12:48 PM
If they were terminated, FDIC settlement funds could filter back to the WMILT for any snr or sub interests WMI held.
Hence the probate judge's "mom and pop" investors reference at the hearing in 2017.
The cash being withheld until the bankruptcy is closed, thus freeing up payments to our Markers.
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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