ATPG Senior 11.875% 2nd Lien Bonds (fka ATPG.GE)

[Enterprising Investor]

BRK bought the ResCap Whole Loan Portfolio via a Section 363 sale.

In the event the Sale is approved under section 363 of the Bankruptcy Code, the consummation of the Sale outside of a plan of reorganization pursuant to the BH Legacy APA neither impermissibly restructures the rights of the Debtors’ creditors nor impermissibly dictates the terms of a liquidating plan of reorganization for the Debtors. The Sale does not constitute a sub rosa plan of reorganization.

"Sub rosa" would be defined as "secret".

Thus, ResCap, ATP and any other Debtor must eventually have a POR or POL confirmed to allocate assets.