This is an essential distinction here that helps sort through the intentional confusion produced by the financial engineers at work. Thanks for pointing this out.
WMI went into Chapter 11 and then emerged as WMIH. They are most certainly not two separate entities.
The only way one might conceive of them as two separate entities is to think of WMIH as the successor of WMI, the existence of which was terminated when WMIH emerged.
But they cannot possibly exist at the same time as two separate entities. The birth of the new one requires the simultaneous death of the old one.
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