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Re: JusticeWillWin post# 549702

Thursday, 12/06/2018 3:45:24 AM

Thursday, December 06, 2018 3:45:24 AM

Post# of 727128
In other words you believe the common shares of WMCT, meaning any remaining asset value wholly owned by WMI was transferred to WMIH (COOP)...correct?

If yes, why would the LT retain the Piers Creditor debt which was backed by WMCT's assets and allow WMIH to receive those assets free and clear. That makes no sense IMO.

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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