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Re: None

Sunday, 01/19/2020 12:01:12 AM

Sunday, January 19, 2020 12:01:12 AM

Post# of 727814
EQUITY INTERESTS IN WMI IS NOT WITH REORG COMPANY,SO WHERE ARE THOSE?.

Read DS

The Seventh Amended Plan contemplates a reorganization of the Debtors pursuant to
chapter 11 of the Bankruptcy Code. After the Effective Date of the Seventh Amended Plan, Reorganized
WMI’s assets will consist of its Equity Interests in WMI Investment and WMMRC, as well as in WMB
(unless and until WMI abandons its interest in WMB prior to the Effective Date
, as discussed further in
Article VIII hereof and in all respects, in a manner consistent with previously issued rulings by the
Bankruptcy Court), the Senior Notes Release Consideration and Senior Subordinated Notes Consideration
(discussed below in Section III.B.
6.b(iv) hereof), as well as, as a result of the Reorganized Common
Stock Elections, certain Runoff Proceeds and Litigation Proceeds.

201/755 DS
http://www.kccllc.net/wamu/document/0812229120109000000000015
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