Tuesday, March 19, 2019 12:37:08 AM
MPTL: These represent the New Orleans Employees’ Retirement System, MARTA/ATU Local 732 Employees Retirement Plan and the Boilermakers National Annuity Trust Fund. Their "claim" is for $273M which the Bk Court deemed to be premature but granted them the ability to refile once recoveries became available to subordinated holders of Class 18 claims. Based on another poster, it's possible they may not refile due to a similar action losing in another court.
SDMC: These are holders of WMB Bonds, Class 17B which were granted an allowed subordinated claim for $15M. This represents the majority of the SDMC claims with the remaining minority (??) still disputed. The Trust has indicated they will litigate these disputed claims should recoveries reach Class 18.
As of now we all await a filing or PR from the LT as to what the current status of those claims are.
WAKE ME UP AT $20
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