Claims have waived their rights to distributions from the WMILT because JPM is paying there claim not WMILT.
THJMFW signs the BK Closure Document after FDIC/JPM closes the GSA and buys WMB. When JPM pays Class 17 is Class 17's problem.
Yes JPM will Pay the Class 17 notes.
WMILT owes a little money to Class 18, the rest is JPM's problem. That is why the UWs dropped their Class 18 claim 'against' WMILT because their real claim is against JPM.