News Focus
News Focus
icon url

Large Green

03/07/19 3:25 PM

#562778 RE: LuckyPanda #562777

LP, a main concern of mine is WMMRC. The ten-year runoff period ended in Feb/2019 according to one of the filings I read. I believe there is at least one billion dollars plus associated with WMMRC in cash but to date not one word or filing about this.

I would think we must see a filing regarding this any day but the ultimate secrecy and blackout continue.





icon url

AZCowboy

03/07/19 5:16 PM

#562801 RE: LuckyPanda #562777

~ LP, Yes I Agee’ ~

Now that, ... “All Tranche 4 Claims Have Been Paid In Full”, ... the WMI-LT does not control any of the subordinated claims in Tranche 5 or Tranche 6’ ... all the WMI-LT has been “wrongfully” able to do, has been to be in a position to continue the original 2009’, delaying and blocking mechanism by not allowing for the completion of payment to the Plan 7’ Allowed Senior Creditor Debt ... with the restraint allowed by the DCR ... Tranche 4 ...

I’m sure they are aware of these bankruptcy remote valuations, ... heck’ we all are’ ! ...

Yes, ... I also believe many of the original Certs are completed, ... but some remain as we can track many of them ever since January of 2018’ ...

I also agree with you that this is a timed event, ... or B Rosen would not have filed Docket # 12499 Back On 08/30/2018’, ... on behalf of the WMI-LT ...

AZ