ORDER SIGNED by WALRATH
Court Docket: #12585 Email
Document Name: Order GRANTING the Trust's Motion; DENYING Claimants' Motion and DISALLOWING the Claims(related document(s))[12449], [12512], [12573], [12574], [12576], [12577], [12578], [12584]) Order Signed on 2/1/2019. (CAF)
Date Filed: 2/1/2019
of FEBRUARY, 2019, upon consideration
of the Motion of WMI Liquidating Trust (“the Trust”) for an Order
(I) Granting WMI Liquidating Trust’s Omnibus Objections, (II)
Deeming the Claimants’ Claims Disallowed, (III) Authorizing the
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Distribution of Funds in Disputed Claims Reserve, and (IV)
Dismissing WMI Liquidating Trust’s Adversary Proceedings and the
Responses and Briefs filed in opposition thereto, and the Motion
of the Claimants for a ruling on whether payment of their claims
is allowed under applicable federal regulations, and for the
reasons articulated in the accompanying Memorandum Opinion, it is
hereby
ORDERED that the Trust’s Motion is GRANTED; and it is further
ORDERED that the Claimants’ Motion is DENIED; and it is further
ORDERED that each of the Claims is hereby deemed DISALLOWED in its entirety; and it is further
ORDERED that Kurtzman Carson Consultants, LLC, the Court-appointed claims and noticing agent, is authorized and
directed to mark the Claims as disallowed in the official claims
register in the Debtors’ chapter 11 cases and take any other
actions necessary to implement the relief granted herein; and it
is further
ORDERED that the Trust is authorized to release and distribute such cash and Liquidating Trust Interests held in the
Disputed Claims Reserve on behalf of the Claims in accordance
with the provisions of the Confirmed Plan; and it is further
ORDERED that the Trust is authorized to take any actions necessary to implement the relief granted herein; and it is
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further
ORDERED that the effectiveness of this Order is STAYED for twenty-one (21) days to allow the Claimants to file a notice of
appeal to the United States District Court for the District of
Delaware; and it is further
ORDERED that upon this Order becoming a final order, the Adversary Proceedings shall be deemed dismissed with prejudice
and the Clerk of Court shall so note on the dockets thereof; and
it is further
ORDERED that in the absence of an appeal, the Court shall retain jurisdiction to hear and determine all matters arising
from or related to the implementation, interpretation, or
enforcement of this Order.
BY THE COURT:
Mary F. Walrath, Judge
United States Bankruptcy Court
