InvestorsHub Logo
Followers 56
Posts 6375
Boards Moderated 0
Alias Born 03/25/2015

Re: None

Wednesday, 11/15/2023 11:49:45 PM

Wednesday, November 15, 2023 11:49:45 PM

Post# of 730181
JUST READ THESE BEAUTIFUL 2 LINES AND ANALYZE.PLAN WAS CONSSUMATED AND DISTRIBUTIONAS HAVE BEEN MADE.WMILT CANCELLED ITS CERTIFICATE AND CONTINUED.
"Class 17B (Section 510(b) Subordinated WMB Notes Claims) have waived their rights to distributions, entitling holders with Class 18 to the final distribution pursuant to the Plan. Beyond this, the Bankruptcy Court and WMILT have merely waited for the final reconciliation of remaining claims and monetization of assets." """"MISSING PURSUANT TO PLAN HERE,IMO PROBABLY LEFT OVERS""""
PAGE 21
https://www.sec.gov/Archives/edgar/data/1545078/000119312519294873/d834622dex991.htm

"WMILT have merely waited for the final reconciliation of remaining claims" CLASS 19 AND 22 AAOC AND OTHER CLAIMS,FOR SURE I CAN SAY.THEY SHORTED WAMU AND GOT CAUGHT TO BROWN RUDNICK AND S&G, OFCOURSE MW PLAYED A MAJOR ROLE AND BROUGHT THESE LAW DRAGONS UNDER ONE ROOF.
Remaining claims were equity claims and it was not CH 11 courts responsibility,IMO.Equity is estates responsibility.So claims were done, cases were closed.What comes next,when, nobody knows except few lawyers playing here with equity holders.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent COOP News