But, the owners (pre-BK commoms) are gone. Moreover, WMIIC and WMI were file different BK but under the joint BK precedures. So, Judge MW made the decisions for both.
Safe Harbor bankruptcy rules are meant to protect assets and their investors from the Debtor and Creditors (among others).
As of today neither of these two parties are an issue since the Creditors are all but paid off by the Debtors.
IF Commons had been cancelled by the BANKRUPTCY estate, would they still be paid, since as you said,..."Safe Harbor assets are completely outside of bankruptcy law"?
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