Tuesday, August 22, 2023 10:37:00 AM
... Only The WMI Holding Company was a point of concern, aligned with its filing for Chapter 11 Protection' ... Docket # 0002' ... and held to be specific and disciplined by the Judge !
The WMI Holding Company's Functionality and Income' ... Were Held in its Subs' ... Subs that received income' from ABS-Certs / TRUSTS' ...
once one removes any considerations aligned with the now completed Holding Company's Liquidation Trust as ordered by the Court's Approved Plan (7) ... the wmi-lt ... the Segregation of Assets and Cash becomes clear as the nose on your face' ... no 75/25, no secret DST', no overthetop numbers' ...
merely a divisible of the interest earnings, that will follow the REIT' guidelines ...
There have been numerous documented references to the continuation of the "Assets and the Cash" ... the most recent was in 2018' ... as well as the SEC documented "Preferred Managing Sub" ... "Cash In and Cash Out" ... always a point of contention and refute since it was ignored' by you know who' ...
Segregate the participants as well as the issues, ... Gallagher and KKR' set everything up' beginning basically in 2014' ...
just sayin' ... Thanks Again
AZ
Recent COOP News
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