~ Winning, Lets Get You On The Correct Track “As I See Things“ First ~
In my opinion, your reference to the term class 19’, is no longer a valid consideration ... the tranche’ and class references were for the WMI Liquidating Trust (WMI-LT), now finalized and completed as the final distributions were Court approved and the cases were “closed” on 12/23/2019’, as well as the WMI Plan 7 Implementation, completed on March 19, 2012 ...
... currently as you can see on the FDIC’s Balance Sheet, the original WMI Preferred offerings, DO NOT have an active claim against the FDIC, ... and in January 2020’, as the bankruptcy cases had already closed, the claims register was completed and finalized with many of the original WMI Preferred Claims, filed by the extended bar date, March 2009’, ... All Left Open Ended ...
So, ... as I’ve said for years, ... not only would the WMI Holding Companies Liquidation Trust be 100% financially irrelevant to the WMI Releasing Equity Classes, ... “But’ Everything Returning” ... would ultimately be releasing class or ESC Cusip specific to ones ownership. ...
As will happen into the future, the LT also “used” the counting mechanism made available to you by your “Participation” in WMI’s Plan 7’ ... now that the WMI-LT has completed its duties, ... Computershare is your transfer aagent for shares, and the DTC, ClearStream, and EuroClear, are your Cash distribution mechanisms ...
... The WMI-LT Is Truly Financially Done and out of any relevant financial concern ... although there are those that have yet come to grips with this “Fact” as our documented process has truly moved forward ...
So, ... separate your considerations between the FDIC and your WMI Preferred ESC Cusips ... your WMI Preferred recovery will be financially subservient to their individual ESC Cusip individualized securitized Derivative Based Trust’ kept off Balance Sheet ... As I’ve posted their were “8” transitional ESC Cusips ...
Currently, and in my opinion, ... Only “3” of those originally transitioned ESC Cusips “Financially Matter” ... the original WMI “K” series, the original WMI convertible “P” series, and the original WMI “uq” common Shares ... the other “5” were the Exchange Events TPS “trash”, option arms, HELOC secondary’s, etc., all now done’ ...
I hope that was helpful to you ...
The power of attorneys you referred to, can easily be extended if necessary ...
AZ