WMILT filed for closing bk cases in Dec 2019, but removed escrow positions in Jan 2022,why?.What happened in between?. Why WMI LT RA LT agreement was not public?
Stakeholders were issued beneficial interests in the WMI Liquidating Trust in exchange for their unpaid claims against or equity interests in the Debtors (“Liquidating Trust Interests” or “LTI’s”).The LTI’s are not transferable except by will, intestate succession, or operation of law. The WMI Liquidating Trust will be responsible for liquidating, converting to cash, and distributing the Liquidating Trust Assets to the Liquidating Trust Beneficiaries and will not take any action to encourage or promote a trading market in the LTIs. https://www.sec.gov/Archives/edgar/data/933136/000090951812000138/mm03-2712_8ke991.htm "Filed with SEC".