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Tuesday, February 19, 2019 6:06:51 PM
... And, which are always backed up with my own “Cash” purchases of the Class 17’s, Class 19’s, Class 22’s, and COOP ...
Let’s see if this helps,
Thanks AZ. I know class 17 is not the responsibility of LT...but if there is no EC appeal by Friday, are you 100% sure that the LT cannot use class 17 as an excuse to address the equity classes next? Are there absolutely no legal loopholes they can use to not address escrow classes next?
The Class 17’s are 100% supported by their own separated originally Issued Trust Support out of the UK and are aligned with WMB ... 22 billion in euro’s ... Class 17 was Class Segregated at Plan 7’, into the Tranche 5, Senior’s Class17(a), which were able to be acquired by “Accredited Investors”, and the Class 17(b)’s which were sold world wide on the secondary market as subordinated fixed income’ ...
The 17(a)’s, 120 Accredited Investors, Were also litigants in the D.C. Dual Tracking Litigation ... however, due to the fact that the 17(b)’s had been sold on the secondary by brokers and banks, the 17(b)’s never filed any claims against the WMI Estate (as is described in the DS) ...
At the seizure, among a few responsibilities, JPMC was originally given the task as loan servicer, and has been servicing all of the packaged and unpackaged loans, ... including the Loans within the WMB Class 17 Noteholders Performing Trust Support ...
... So NO’, ... since the WMI-LT is specific to form as the Court assigned liquidation trust for WMI’, ... only’, ... NO’, I do not believe the Class 17’s Are In a position to be used by the WMI-LT as any type of excuse ...
The Class 17’s are and always have been aligned with WMB, ... and as such, ... will ultimately be the responsibility of JPMC as the designated receiver for WMI’s Bank, WMB ... and will transition along with WMB when the “Change In Control” of WMB to JPMC is fully realized ...
I hope that was helpful ...
AZ
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