You (HM) will twist this Settlement in many ways to suit your agenda. The Settlement agreement has not distributed the 3 BIl from the receivership. Fist, it will be June 28th because of the weekend that makes it the termination date. Next, there has no announcement that the rest of the settlement has been consummated.
WHEREAS, the unaudited receivership balance sheet summary for WMB published by the FDIC-Receiver for the period ending December 31,2015 stated that, as ofthat date, the current assets ofthe WMB Receivership Estate were approximately $2,756,378,000; the WMB Receivership had approximately $7,206,000 in administrative liabilities; holders ofWMB senior debt held allowed claims in the WMB Receivership in the amount of$6,077,557,000; and the Receivership had other allowed general unsecured claims in the approximate amount of $19,250,000;
The 28th is on a friday which would become the termination date. If all is done before that date and signed before the hearing date, no need for hearing JMO
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