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Re: linda1 post# 5811

Thursday, 01/05/2012 2:37:43 PM

Thursday, January 05, 2012 2:37:43 PM

Post# of 8307
The FDIC got the Anchor litigation on 9-25-2008 as part of WMB seizure. It sold it to JPM that same day. The next day 9-26-2008 WMI, the parent, filed for BK. The sale by the FDIC to JPM was not, and could not have been a 363 transaction. The FDIC was the seller.The FDIC sold many assets that day that had encumrances, the Anchor liigation included. I think we need to ask to be added as a party in interest in the Anchor case as we have an encumbrance on 85% of the proceeds that will go to the successor in interest to Anchor, which is now JPM, via FDIC, via, WMB, via DSB. Our claim is against the successor in interest to Anchor, which is now JPM.

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