Re: Alice's 75/25% augment proves she does not understand The Plan and its 75/25% limitation. 75/25% is NOT Global.
LOL.
I don't know who is the one who does not understand anything. It does not take a lawyer or rocket scientist to understand POR 7.
So Ron, I ask you again: after 4/22 and if you are proven wrong, will you admit that you are wrong? No apology is required.
Alice filing will prove several things:
- The 75/25 split til the end
- The underwriters are happy to be in class 19 because they will likely be paid more than 72M
- WMILT is the ONLY successor of interest of WMI and will exist until all money are distributed.
- A person like Alice can get the court to hear her.
I predict that Alice will lose her case because the underwriters are legally in class 19. But that not the point. The point is be able to file and prove the above.
And by the way, P and K preferred are not REIT. TPS is.
This shows how much you "know".