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newflow

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newflow

Re: Roach58 post# 598425

Wednesday, 11/27/2019 3:54:22 PM

Wednesday, November 27, 2019 3:54:22 PM

Post# of 730663
ROACH.. YES THAT WAS AAOC's PLAN (6th POR)

However, it was changed when the EC demonstrated to the court that Debtor was solvent.Meadiator was appointed, equity was allowed to participate.

GSA monies won't go to WMIH.GSA plan contribution assets were put into liquidation trust claims reserve and EC was appointed to TAB to monitor those assets and reconcile certain WMB noteholders claims.

Solvent debtor assets are property of its owners ie former shareholders.Those assets get divided 75/25 between class 19 and class 22.

JPM has to make a Final Payment after all the tax claims are resolved, and i believe its about time.
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