Friday, January 27, 2023 12:18:11 PM
LBHI : "Upon distribution of all assets of the Plan, which shall not include a distribution of the Plan Trust Stock to the Beneficiaries, the Trustees shall retain the books, beneficiary lists, registers, records
and files which shall have been delivered to or created by the Trustees."
WMILT:"In January 2020, an Amended and Restated Liquidating Trust Agreement (the “A&R
LTA”) was entered into by the parties thereto. The A&R LTA, among other things, provides for the winding-down and dissolution of the Liquidating Trust and, among other things, streamlines
the Liquidating Trust’s governance structures, including: removing the requirement that the Trust
be managed by a Liquidating Trustee; disbanding the Trust Advisory Board; and vesting
authority to manage winding-down of the Trust’s operations in one or more administrators in a
manner consistent with Delaware law. The Trust has not at any time engaged in, and will not at
any time engage in, the conduct of any trade or business other than the liquidation and
distribution of the Liquidating Trust Assets.
Charles Edward Smith and Doreen Logan have agreed to serve as the Trust’s administrators
and will manage winding-down the Trust’s operations and its dissolution.
"
IMO insiders took control of the original beneficiaries list,original books and records.
LBHI and WMI estates could become a giant REIT IMO,Mathew Cantor worked for both.Time is ripe IMO.Both have DST liquidating Trusts.Weil and A&M have fingers in both cases.
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