~ 2Kids, I've Been Consistent, "a-ellen-g" Has Not, nor Will Not Change A Thing, "NOTHING", Nothing Regarding WMIH ("COOP"), or Nothing Regarding WMI's, Now Implemented Reorganization', There Will Be "ZERO Impact" ~
... my descriptive terms used ever since 2019' have been, "sloppy and poorly researched material", remain my opinion through this most recent legal blunder' filed in SDNY', ... "a prediction of an event', based on hearsay" ... seriously ? ... That, is NOT how our Legal System Functions' ... (simplified, you can't have the kid next door arrested because another neighbor told you he was planning on stealing your car) ... Yes, within its many flaws', our legal system does not function that way and is what it is' ...
Judge Walrath's Bankruptcy "Signed Orders" and "Directives", leading to her "First Day Filings" Foundation', her denial of "6" and then her forcing of a mediated' "7", ... which always' included the separations of ANYTHING WaMu Held outside of the Holding Company's (the management) Bankruptcy', is very well documented, ... These actions lead to the "Disclosure Statement" (always a BK's dominant document, ours is no different) and the subsequent implementation of a Court Approved Plan' ... (again, our process was very long, involved and complex, BUT ? it followed legal protocol') ...
Regarding this continued ratio of distribution debate, ... the 75/25 ratio of distribution is LIMITED to any holders of an LTI (a Liquidation Trust Interest) that the "wmi-lt" issued ... past or present tense ... At This point in time, the "wmi-lt" has fulfilled the payments to ALL WMI's creditors, per the Court Order as of January of 2020' ... and as I stated years ago, ... the "wmi-lt" was NOT ever going to issue any LTI's to the ... "equity classes" ...
the "wmi-lt" remains viable merely to insure that the Disclosure Statement Directives, given to the "Trustee(s)", functioning outside of the Holding Company's BK's are in a legal position to COMPLETE their fiduciary duties' ... They ALL Will' ...
Washington Mutual Inc., IS NO MORE ... It filed for Chapter 11, went through our Legal Process, and has now reorganized, 1st into WMIHC, then into "WMIH" ... Our Current Parent Corporation' ...
the "wmi-lt" is also done, finished, financially deplete, and completed, and will only RE-APPEAR', ... IF ? ... the GSA, the "Disclosure Statement" and Judge Walrath's Plan are Violated' ... to date, those agreements', have not been violated' ...
Our DTC' Issued ESC Cusips remain intact', quite contrary' to the debtors representative blustering in open court about what he' was never actually able to do', ... Yes, those ESC Cusips', maintain a record of "Who Owned What" and "WHO Properly "Participated" ... humorously, even Alice understands this within her legal losses, and her most recent predictions' of hearsay' ...
I hope that was helpful, ...
Currently, ... "COOP" ... is the trading symbol being used by a segment of the entire Company' ... "WMIH" ... but again and also, ... "COOP" is NOT a depiction of the ENTIRE Company's Financial Relevance and Subsidiary Network ...
Good Luck To YOU' and the Kids'
AZ
