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Wednesday, May 29, 2019 1:24:31 PM
The WMIIC / WMI bankruptcies have not yet been closed, ... So the Bankruptcy Filing Automatic Stay, placed on WMI’s property at the initial filings’ on 09/26/2008 remain in place and remain intact ...
Then In 2012’, WMI, had enough available cash on hand and tax refunds to accommodate a reorganization ...
with a Courts plan approved process to pay off WMI Creditors ... Tranches 1 through Tranche 4’ ... Plan 7’ ...
... the Reorg and the BK’s Remain Two Totally Separate Events ...
WMI, Reorganized into WMI Holdings Corp., and then into WMIH ... which remains the parent corporation through to today ... BUT the bankruptcy’s have not yet been closed ...
Again, ... I thought that some of these basic fundamentals were already known’ ... ? ... guess not’ ...
AZ
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