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Re: None

Saturday, 11/23/2019 10:31:12 AM

Saturday, November 23, 2019 10:31:12 AM

Post# of 749756
In paragraph 8 of the Declaration of MW at
http://www.kccllc.net/wamu/document/0812229120213000000000021
it states that in POR 6 the litigation claims and causes of action were to be put in a trust separate and apart from the liquidation trust. At page 35 of the Disclosure Statement for POR 7 it states that the litigation proceeds are not part of the liquidating trust assets. Just because the litigation committee was disbanded does not necessarily mean nothing was received. The claims (perhaps one against the fdic receivership or corporate) were already amicably settled by agreement which does not kick in until certain contingencies are met which obviated the need of the litigation committee. And since the litigation proceeds are not part of the assets of the liquidating trust, the proceeds have not been reported in the quarterly reports. And perhaps millions of dollars are still set aside for legal fees in the winding down to show the fdic, etc that there is still money to fight any breach of those agreements. Just food for thought.

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