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MORE GREAT Due Diligence CONCERNING a (DST) DELAWARE

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Large Green   Saturday, 09/11/21 12:31:04 PM
Re: AZCowboy post# 668919
Post # of 673210 
MORE GREAT Due Diligence CONCERNING a (DST) DELAWARE STATUTORY TRUST-REMEMBER WMILT IS NOT DISSOLVED AT THIS TIME

I have discussed at length how a DST will more than likely play a pivotal role in our future distributions for those investors who signed timely releases by 3/2012

***Thank you Sunshine for the following***

Thanks to Bgriffinokc $20.00 spending @ the DE Sec state, the following registration statement HELPS to clarify without any doubt that the WMI, Inc before exiting BK on the effective date SWITCHED to a Statutory Trust with the registered name as WMI Liquidating Trust:

Entity Details
File Number: 5119595 Incorporation Date / Formation Date: 3/6/2012 ( vs ED : 3/19/2012)
(mm/dd/yyyy)
Entity Name: WMI LIQUIDATING TRUST
Entity Kind: Statutory Trust Entity Type: General
Residency: Domestic State: State:
Status: Good Standing Status Date: 3/6/2012

Why the switch to STATUTORY TRUST


(1) To protect Its NON-BK assets assets from CREDITORS or CREDITORS wanna be until its dissolution.

(2) Wants IRS affirmation for the trust to use the "liquidating trust" tax treatment covering its entire liquidating activity period.


What happens/happened to the emerged WMI

- It is still ORGANIZED as a STATUTORY TRUST until it is dissolved.

What is the confusion

(1) Both COOP & the emerged WMI carry the same EIN which can be explained by the all the post "ED" filings:

" WMI Liquidating Trust (the “Trust”), as successor to Washington Mutual, Inc. (“WMI”)
and WMI Investment Corp. (together with WMI, the “Reorganized Debtors,”


Being:

WMI Liquidating Trust (the “Trust”) as its NEW name as registered with DE Secretary of State.

And composed of 2 parts:

(1) the emerged WMI being still a statutory trust going through the WIND-Up/DISSOLUTION process. (I.e., liquidating and distributing before becoming EMPTY) and WOULD continue to use the "Liquidating trust" tax treatment status.

(2) COOP became a simple DE corporation adhering to regular IRS Corporate Tax rule.

Final comment: This opinion of mine is not designed and shared to be used in any argument form. Your co-operation is appreciated.

I APPRECIATE & RESPECT all those WHO gave/still give their all attempting to solve this complex investment play.

_______________________________

Great info from newflow:

LG FYI COOP EIN 91-1653725
WMILT EIN 45-6794330
DCR EIN 45-4709825
--------------

DCR has to be wind-up and dissolved.IMO.











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