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Re: Large Green post# 679906

Sunday, 02/20/2022 5:38:59 PM

Sunday, February 20, 2022 5:38:59 PM

Post# of 730466
LG Thanks for sharing.Good info.

We also have in there the part (b) of what is to be
14 retained, and that is because in negotiations that we had with
15 all of the settling parties, with the equity committee last
16 week, with the FDIC,
we did talk a great deal about the concept
17 of the retained asset
s. Now, it's my position, Your Honor,
18 that the examiner doesn't need to do much with the retained
19 assets other than say the assets are retained and therefore the
20 liquidating trust can go ahead and pursue them.
They will
21 still be there; they can be carried through. But I understand
22 that the equity committee is very interested in having a
23 neutral third party do an investigation of those retained
24 assets. And if that's what they'd like, then that's going to
25 be fine with us as well.
So in our proposed middle ground we
1 do have this clause (b) with respect to the retained assets
2 component.

SO EC WAS DIRECTLY LINKED TO THE RETAINED ASSETS.

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