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Friday, January 27, 2023 1:40:56 PM
1) WMI became a DST the second week of March in the year 2012 which still exists in my view...Remember, one cannot open a DST without assets however we can argue how much and when BUT cannot argue there are assets
2) On the (ED) Effective Date of March 19, 2012, there was an (OC) Ownership Change which include all Safe Harbor, BK Remote assets
3) An OC means a change of title and potential investors who own this stock which became final on 3/19/2012. So, there can ONLY be one way for the assets to travel and that is the Chain of Title following the ownership of the stock. This was set in the bk court which would have to include all Safe Harbor, Bk remote assets OTHERWISE, there would be two sets of ownership for the assets which would NEVER happen in a Delaware BK court
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