Tuesday, December 26, 2023 7:14:14 PM
We submitted the W-9 IRS tax form to release JPM for “Willful Misconduct” in 41.6 of the Plan. The GSA is imbedded in the Plan. The Dual Track is imbedded in the GSA. JPM ‘the intervener’ lost. Hence; 41.6 “Willful Misconduct”.
JPM settled with the WMI Estate in the GSA/Plan.
The Discovery Document proved that JPM was guilty of RICO.
JPM settled fast to avoid further litigation from a Court Ruling.
The Equity Community Presentation proved to the Court sufficient assets to satisfy all Creditors claims against the Estate, plus generously rewarding Class 19 at 2.1X recovery in the February MOR.
Released vs. non-Released;
?? So JPM is expected to settle two very different parties equally for “WMB and it’s Assets “??
No Release, No Participation.
Ron
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