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Post# of 730171
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hotmeat

Re: mordicai post# 548101

Saturday, 11/24/2018 9:56:35 AM

Saturday, November 24, 2018 9:56:35 AM

Post# of 730171
Wouldn't any residual assets from the Capital Trust follow the pattern of WMIIC and WMMRC where they are contributed to the LT with COOP possibly receiving a small portion of any returns.

Also, the LT Agreement explicitly states that there will be "No Reversion" of LT Assets to the reorganized Debtor which IMO would include such Capital Trust assets.

The strict interpretation of LT Assets are "ALL" assets of the former WMI and WMIIC entities together with WMI, The Debtors, as of March 19th, 2012.

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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