~ Well, People would actually pay a little' bit more attention to these posted descriptives ... IF' ? ... They were complete and accurate depictions', ... However ... These Continued Posts' Are Not', and many of us know that', and CHOOSE' Not to engage' ~
Judge Walrath maintained specificity to the 2 Bankruptcy's Filed' ... 1 for WMIIC (first) and 2 for WMI (second, one minute later) ... time stamped by the Clerk' ... @ 10:15pm and 10:16pm respectively
The WMI' (now WMIH) Holding Company's "Participation" in The Financial Returns of ABS-Certs', as well as, the WMI Capital Trust were NOT' Bankruptcy considered' ...
Goldstein & Rosbud' tried to Join The Outlying Subs' continued financial production, "Procedurally", but were denied by Judge Walrath with her pen' (October of 2008) ... the Subs were to be kept separated from the WMI' Holding Company's Chapter 11 filing' ... per Judge Walrath' ...
Moving Forward;
Then In 2011, Rosbud attempted for a second time', to secure the returns of the Subs, those very same returns, that were not allowed to be involved by Judge Walrath, and specify "Who" Would ?, or Who Could Be ? allowed to receive these returns, once the Plan of reorganization was implemented' ... the "wmi-lt" had dispersed to the creditors' per the plan' ?, and all litigation was complete' ...
The Indentured / Property Trustee questioned these attempts to the Judge Specifically', and within their submission, said' ... "These attempts to separate the returns being received from the Trust Participations' are not allowed', ... HOWEVER' ... If ?, Your Honor (Judge Walrath) Orders these actions to be appropriate' ?, We' (the Indentured / Property Trustee) will follow the Courts Directives' ... plan 6 failed' ...
... Judge Walrath (documented) agreed with the Indentured / Property Trustee and rosbud's attempts to secure the returning values for a few chosen ones were DENIED by Judge Walrath ... (failure # 2) ...
The "Disclosure Statement" described the continuation of the returning interest' being discussed' ...
maybe this falls of deaf ears' ? ... maybe not' ... However, ... I followed the case closely, ... read and followed this documented process' ... and my memory is accurate' ...
The litigation delays, ... have obviously delayed things, as well as taken a financial toll' ... had rosbud had his way ?, this would have all ended years ago, ... but it hasn't ... not yet
Then years later, KKR secured the proof of and the existence of the asset values' ... described by W Gallagher ? CEO of WMIH at the time ?, as well as J Brey to his own NYSE stockholders in early 2018' ...
these debates and arguments do not matter', when the entire process is not being considered' ... the "wmi-lt" NEVER mattered, ... and "COOP" has been an avenue for profit ever since latter 2017' ...
just sayin'
AZ
AI
