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cubs

10/16/15 10:05 AM

#7811 RE: philipmax #7810

Thanks for your posts....so bottom
line...what should DIMEQ owners be
doing now? Is anyone doing anything?

cubs
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linda1

10/16/15 11:51 AM

#7813 RE: philipmax #7810

Also, the Court's Opinion was flawed since key authoritative parties - such as the DIME Senior Executives - did not testify and who have since explained that the LTWs are not Equity Interests
and that the 85 % Net could also be paid out in cash or other property.

The Order approving the GSA - and the transfer of the Anchor Litigation to JPM free of any liens/claims of the LTWS - should have been appealed. That is insignificant now with Judge Block ruling the Anchor Litigation was transferred to JPM prior to WMI's Bankruptcy.