InvestorsHub Logo

hotmeat

08/26/19 1:21 PM

#586021 RE: ron_66271 #586017

JMW does not however have jurisdiction over WMB assets or the now closed P&AA between the FDIC and JPM. She has no say regarding the ongoing WMB Receivership.

The P&AA covered the sale of WMB's assets to JPM and the bankruptcy court never held a hearing nor had the authority to make a ruling on such.

AZCowboy

08/26/19 4:11 PM

#586056 RE: ron_66271 #586017

~ Ron, That Is Correct, The GSA Was Integral To The Approved Plan ~

WMI’s Securitization Process as described in its own SEC Filings prior to the 2008’ seizure / bankruptcy

The “First Day Filings” through the extended Bar Date’

The GSA’

Judge Walrath ... “For All of the above reasons, the Court concludes that it has jurisdiction to decide confirmation of the Modified Plan which incorporates the GSA resolving the disputed claims to putative property of the Debtors’ estate.”

... “Putative Property” ... Yepperini, I guess that’s one way to describe the WMI bankruptcy remote valuations ...

Then of course, ... The Disclosure Statement ... and Plan 7 ...

just sayin’

AZ