Washington Mutual Preferred fka WAMPQ

[marayatano]

I really have no idea since I really do not follow Dimeq much, but them being the ones who brought and financed the adversary proceeding, and then all of the sudden stop, makes you wonder.

At the time Debtors did NOT want to mediate with DImeq, but Walrath forced them into a mandatory mediation. At the end, mediation between them was fruitless.

Now, I do not know the timing between the mediation between debtors and Dimeq, or if they were related in Broadbill dismissing themselves from the adversary proceeding because something they found out from mediation.

So my thoughts are: Either the Debtors knows something and are very confident (despite them giving bad oral arguments in court and Walrath is a reader, NOT a listener), or Broadbill knows something and decided to dismiss themselves from the action.

Again, I do not follow dimez so this is all speculation on my part.

imo