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Re: newflow post# 709572

Tuesday, 05/09/2023 10:11:19 PM

Tuesday, May 09, 2023 10:11:19 PM

Post# of 729877
If the Underwriters had accepted to have their $24 million Class 18 claim allowed, with their $72 million Class 19 disallowed, they would have received a payment only if there was enough money left to reach Class 18. Sure, Class 18 received some payment but Class 18 was not paid in full.

However, since the Underwriters accepted to have their $24 million Class 18 claim disallowed and to have their $72 million Class 19 allowed they were guaranteed to receive 1.4 million WMIH Common Shares.

GURANTEED PAYMENT FOR UW's CLAIM WAS CONTRACTUL AND SENIOR TO CLASSES 19 & 22
Now we know that UW's $24 Million claim was contractual and guaranteed payment ahead of classes 19 and 22,why did they leave that much money on the table and accepted class 19 classification?.

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