News Focus
News Focus
icon url

austin01

12/05/17 1:12 PM

#498776 RE: AZCowboy #498774

Let me get this straight. Many of the Trusts belonging to the WMI estate have been freed up for distribution of assets. So what's the holdup? Are there still other Trusts that are being
settled and the FDIC is waiting for all Trusts to be settled before distribution of assets?
icon url

Johnnyiwantsome

12/05/17 1:13 PM

#498778 RE: AZCowboy #498774

That could be a wholelata worms if that canh got opned back up. So if (JPMC) they haven't fulfilled there obligations then what happens it defaults to equity and the LT gets reopened and the it flows through to equity?
Trying to get my head around this....
Regards,
Bary
icon url

sometimes_right

12/05/17 1:16 PM

#498781 RE: AZCowboy #498774

So does each release-signing shareholder refile claims against JPIG, FDICK, WMILT and every other Trustee involved.... OR do we trust our legal representatives to fulfill their fiduciary responsibilities???
icon url

ron_66271

12/05/17 1:55 PM

#498788 RE: AZCowboy #498774

Thank You, AZ

Therefore, the FDIC must make "the Final Payment" to WMI/WMILT on or before December 12th MAX for "WMB and it's assets", or WMI/WMILT will file litigation to re-open the Case due to the Six Year Litigation Rule. GSA/DS agreement date is Dec 12th.

The FDIC must make "the Final Payment" to WMI/WMILT on or before December 15th-ish for "WMB and it's assets" due to the Five Year CG/CL Tax Rule.
Hint; James Carrion's Testimony. WMILT needs time to file the CG/CL before EOY-2017.

The WMILT Filed Extension means the WMILT will be ready to litigate FDIC for not fulfilling the GSA/DS and Plan 7.

"the Final Payment" for "WMB and it's assets" is due!


-> AZ is Right <-

HLCE,
Ron
icon url

diamondguru-one

12/05/17 2:00 PM

#498790 RE: AZCowboy #498774

AZCowboy "YOU" are "ACES" in my book...Glad to have YOU here for the last 9 years of "DD" !!!! you walked us through the process... THANK YOU AGAIN!!!

we are at end game NOW !!! jmho !!!