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Saturday, October 19, 2019 2:23:19 PM
... Which' ? ... Hopefully', we see "Docket" submitted for', on or about 10/31/2019 as stated in Court by B Rosen ...
Remember, Each Case', WMIIC as well as WMI, MUST Be Submitted For Separately' ... (WMIIC may "purposely" need to go 1st ?) ...
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From the Courts Approved WMI Plan 7’ ...
(Below, The WMI related, Trustee(s, Plural') are Plan 7' ordered to function, ... yet', ordered' to be quiet during the Bankruptcy' processs'),
31.13 Distribution Record Date: "For purposes of distributions, on the Distribution Record Date, registers of the respective Trustees shall be closed and the Trustees shall have no obligation to recognize, and shall not recognize, any transfers of Claims arising under or related to the Indentures or the Guarantee Agreements occurring from and after the Distribution Record Date."
(And Then),
41.23 Closing of Case: "The Liquidating Trustee shall, promptly upon the full administration of the Chapter 11 Cases, file with the Bankruptcy Court all documents required by Bankruptcy Rule 3022 and any applicable order of the Bankruptcy Court."
and then as referred to above, in 41.23 of Plan 7'; (Delaware Bankruptcy Rule 3022),
Rule 3022-1 Closing of Chapter 11 Cases.
a. Motion. "Upon written motion, a party in interest may seek the entry of a final decree at any time after the confirmed plan has been fully administered provided that all required fees due under 28 U.S.C. § 1930 have been paid. Such motion shall include a proposed final decree order that (i) orders the closing of the case and (ii) identifies the case name and the case number of the case to be closed under the order. A separate proposed order closing each jointly administered or consolidated case shall be filed."
b. Service. "A motion for the entry of a final decree shall be served upon the debtor, the trustee, if any, the United States Trustee, all official committees and all creditors who have filed a request for notice under Fed. R. Bankr. P. 2002 and Local Rule 9013-1"
c. Final Report. "The debtor (or trustee, if any) shall file a final report and account in the form prescribed by the United States Trustee on or before fourteen (14) days prior to the hearing on any motion to close the case."
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So, to answer your questions, in my opinion, the WMB Corporate Bond Class 17, “Claim” belongs to the FDIC, and becomes GSA fulfilled, as WMB is removed from the “WMIH” consolidated taxation group, and transitions to JPMC, ... the WMI segment of financial returns should be in the range of $40 billion ... in my opinion ...
Class 19 is a combination of the TPS “Cash” and a WMI Preferred series R convertible issue ...
Class 22 owns the Estate ....
... In My Opinion, The Financial Results of the final completion of this long and complex bankruptcy process, will be fine' comparitively', ... (fair & reasonable) ...
AZ
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