~ "griffins tantrum", Is Attempting To Question Plan 7's Validity ~
... That ?, ... in my opinion Is The True Motivation behind this "griffin" objection submitted' ... (and as always, in my own opinion of course) ...
... the "griffin tantrum" ... Will Not Be successful ...
... the Kyle Attorney group and his "employee claimants, and their own initial documented attempts to unwind Plan 7 ?, ... as they attempted to do ? ... Lost' Entirely ...
the last of the "adversarial claims" which included the "equity claims" were subsequently all "(closed)" on March 22nd, 2019' ...
the "griffin tantrum" was then filed on the very same afternoon' 03/22/2019, ... which both I, as well as the Underwriters Believe, as the UW's state in their own joinder filed, that "griffins" objection is now ALSO, an additional attempt to question the validity of Plan 7' ...
and I'll add, that I believe the "griffin tantrum" was filed, since the employee claimants lost' so completely' within their own attempts to question the actual validity of the Courts Approved Plan 7' ...
On August 30th, 2018, B Rosen's Filing of Docket # 12499, at the request of the WMI-LT, was the beginning of the end of the payments needing to be made to the remaining WMI Creditor Classes' (Tranche 4) ...
"the Kyle Attorney Group", representing the employee claimants, plus the joinders filed, attempted to question the validity of Plan 7, as submitted within their own filings' ...
Then, Upon the Oct 16th, 2018', Court (Bench) Approved "Proposed Order", the WMI-LT's "Trustee" was Plan 7' 26.3(a), authorized to adjust the DCR (the Disputed Claim Reserves' "the Cash"), and complete the payment to the last remaining WMI creditor (Tranche 4), which was accomplished on Feb 25th, 2019 ...
The Courts 10/16/2018 Bench Approved Proposed Order, after accommodating some attorney requested housekeeping, was then Placed on the Court Docket with Docket # 12585 on Feb 01, 2019, ... then on Feb 25th, 2019, the WMI-LT's "Trustee" ... adjusted the DCR per Plan 7's 26.3(a) allowances and Paid Completely, WMI's remaining creditor class (Tranche 4) ...
The last of the adversarials were then "(closed)" on March 22, 2019' ... which as the WMI-LT states in its QSR's was the last requirement needed, prior to the release of the contents of the "other account", the "Disputed Equity Reserve" ... (the 2nd, DER account that IS NOT considered to be an Asset' of the WMI-LT)
again, ... in my opinion as well as the opinion of the Underwriters view, as they also placed within their own joinder, the "griffin tantrum" is an additional attempt to question or unwind Plan 7' ...
the irony of all of this is that "griffin" was able to have some of the actual retail participants, actually donate' to her attempts to unwind the actual Court Approved Plan', that initially allowed for everyone's "Participation" in the first place ... Plan 7 ...
... "griffin" and the "griffin tantrum", ... will not be successful ...
and as always, these are my own conclusions and opinions based on the actual Process as it occurs and the supporting Sequenced Documents' ...
AZ
