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Monday, October 17, 2022 4:58:04 PM
More than likely, investors who signed timely releases by 3/2012 will be a Beneficiary Recipient of a (DST) Delaware Statutory Trust, and they could always avoid legally saying there were no monies and WaMu has no assets because many assets (in my view) were legally moved to a DST where it is virtually impossible to get any information once these DSTs have been set up and in motion hence, NOBODY can own a Trust and no one person owns the assets[.
WMI and NOT to be confused with WMILT became a (DST) Delaware Statutory Trust for asset reasons during the first two weeks of year 2012 ahead of the (ED) Effective Date of March 19, 2012./i]
Thanks goes to BGRIFF who spent twenty dollars to get a certificate from Delaware to prove WMI became a (DST) DELAWARE STATUTORY TRUST prior to BK emergence (2/2012) which established it’s assets and distribution plan via two separate (EINs) Employer Identification Numbers.
A) WMI Liquidating Trust EIN - Court recognized assets transfer to LT for distribution observing Lt's waterfall and this for Plan 7
B) WMI's original EIN - Retain any REMAINING assets that were DEEMED BK - REMOTE/PROTECTED for subsequent distribution
WMI has PLACED in every filing following BK emergence of the term, WMI Liquidating Trust, as successor in interest to the Debtors. This is huge when following the process, especially the following.
***From Amended POR 7 Signed by the Court on 2/23/2012***
set forth in the Confirmation Order, the members of the Trust Advisory Board hereby designate William C. Kosturos in connection with the applicable provisions of the Delaware Statutory Trust Act, 12 Del. C. § 3801 et seq.
NEW POST from ItsMyOption
ItsMyOption, one of the BEST Posts EVER-Connects Many DOTS to ASSETS...Thank you
1) Connects reactivated old WaMu subs
2) Connects many important Players in this travesty, especially DST William Kosturos plus several others
3) Shows a NewCo started in mid-year 2021 called Paladin
4) Show how timely signed releasors potentially receive shares instead of cash just how Big Money Players like it to control taxes
5) Shows how a DST will play a vital role in our potential distributions of shares as this may be a second bucket outside of potential COOP shares
6) If ItsMyOption's post is reviewed carefully including links, it is very hard NOT to connect many, many dots to investors who signed timely releases by the year 3/2012
___________________________________
All (key word) REACTIVATED subs and PALADIN ACQUISITIONS COMPANY LLC are listed as Jurisdiction of Delaware and my best guess is all those subs will become a sub of PALADIN ACQUISITIONS COMPANY LLC which IMO will be a new sub of WMIH-Corp and those Estate holders that signed their release will be issued ether new shares or cash for value through the DST.
Why did they form = PALADIN ACQUISITIONS COMPANY LLC
SEC FORM D
AS PER GSA “WMI Entities” shall mean WMI, WMIIC, Ahmanson Obligation
Company, H.S. Loan Corporation, Marion Insurance Company, WAMU 1031 Exchange, WM Mortgage Reinsurance Company, Inc., WM Citation Holdings, LLC, Washington Mutual Finance Group, LLC, Soundbay Leasing LLC, WMGW Delaware Holdings LLC, WMI Rainier LLC and Washington Mutual Capital Trust.
2021-04-10 - 2021-04-30 Addition of officer WILLIAM KOSTUROS, chief executive officer
WMIIC and WM Mortgage Reinsurance Company, Inc. were to go to reorganized WMI.
https://www.fdic.gov/resources/resolutions/bank-failures/failed-bank-list/wamu-global-settlement-agreement.pdf
WASHINGTON MUTUAL FINANCE GROUP, LLC
https://opencorporates.com/companies/us_de/3210870
Soundbay Leasing LLC
https://opencorporates.com/companies/us_de/3310143
WMGW DELAWARE HOLDINGS LLC
https://opencorporates.com/companies/us_de/3048665
WAMU 1031 EXCHANGE
https://opencorporates.com/companies/us_ca/C0855386
Addition of Bill Kosturos in 2021
WMI Rainier LLC
https://opencorporates.com/companies/us_wa/602606678
Governor is WAMU 1031 EXCHANGE
Washington Mutual Capital Trust
https://opencorporates.com/companies/us_de/3383458
xxx
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