News Focus
News Focus
icon url

ItsMyOption

11/20/18 4:38 PM

#547824 RE: AZCowboy #547820

AZ, that is a good point and now possible the DCR can get reduced to still make special distribution soon.

Now, ? ... as presented in yesterday’s WMI-LT filing, ... point 8’ has my attention ...

... “With respect to the Surviving Claims, WMI-LT shall be permitted to adjust the disputed claim holdback, pursuant to 26.3(a) of the Plan,” ...

This will adjust the DCR and allow for the release of enough funding to pay off Tranche 4’ ... allowing us to move forward ...

Kyle and Rosen can argue over the rest of the leftovers, for as long as they want to IMO ... (nothing but “lawyer chow” scraps left to the dogs) ...

icon url

boarddork

11/20/18 5:53 PM

#547840 RE: AZCowboy #547820

Exactly !!!
icon url

wamugold

11/20/18 9:22 PM

#547855 RE: AZCowboy #547820

LOL AZ, good analysis as usual...
icon url

jjflash49

11/21/18 10:37 AM

#547881 RE: AZCowboy #547820

Thanks AZ. I believe that's a reasonable ask by Rosen to adjust DCR. Don't know what the remaining claim might be, in terms of attorney fees, but quite reasonable ask of judge.