The “dispute” would be for someone to file a direct claim with the Court. And that has no realistic chance of working as all of the direct claims have been rejected by the Court.
It’s done. The recoveries have been negotiated and agreed to with the secured creditors, voted on and approved by the Court.
I can’t speak to WAMU not sure how it is comparable to here. In Wamu’s case there was some token recovery by equity so there was more money available across the board.
As I said...the maximum the bonds will see is about one cent on the dollar with 0.05 cents of that guaranteed.
That is what the secured creditors offered, that is what the unsecured creditors voted to agree to, and that is the amount the court approved.
-end-
"Harsh reality is always better than false hope"
