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hotmeat

11/24/18 9:56 AM

#548107 RE: mordicai #548101

Wouldn't any residual assets from the Capital Trust follow the pattern of WMIIC and WMMRC where they are contributed to the LT with COOP possibly receiving a small portion of any returns.

Also, the LT Agreement explicitly states that there will be "No Reversion" of LT Assets to the reorganized Debtor which IMO would include such Capital Trust assets.

The strict interpretation of LT Assets are "ALL" assets of the former WMI and WMIIC entities together with WMI, The Debtors, as of March 19th, 2012.

katekir1234

11/25/18 2:46 AM

#548197 RE: mordicai #548101

I've been telling here for months that "the final payment "was done in the case.It just wasn't what most expected.The payment went on the wrong direction but that happens when the laywer who is representing you is raping you and whenn the Judge who has to control it also is raping you.Nothing new here,happens all the time.