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ScottC

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Alias Born 04/16/2010

ScottC

Re: None

Monday, 05/17/2010 3:40:27 PM

Monday, May 17, 2010 3:40:27 PM

Post# of 8307
From Disclosure Statement For First Amended Joint Plan 5/16/10

13. Other Material Litigation
b. On April 12, 2010, Broadbill Investment Corp. commenced an adversary proceeding against WMI related to the Anchor Litigation, discussed above. Broadbill's complaint seeks several declaratory judgements by the Bankruptcy Court, including a ruling that the holders of the LTWs have allowed claims against WMI. The Debtors believe the causes of action in the complaint are wholly without merit and intend to oppose the relief requested in the Broadbill complaint.
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