InvestorsHub Logo

lodas

05/11/22 8:14 PM

#688132 RE: cura asada #688131

please read carefully.....Lodas

The foregoing notwithstanding, the so-called “Escrow Markers” or “Escrow CUSIPs” established by the Trust upon emergence from its Chapter 11 proceedings in March 2012 for purposes of facilitating the potential distribution of Reorganized WMI’s common stock will continue to be maintained for the foreseeable future. As previously disclosed, however, former positions represented by such Escrow Markers or Escrow CUSIPs are not entitled to receive any distributions under the terms of the Plan and they do not, in and of themselves, represent an entitlement
to any possible future distributions from the Trust, Reorganized WMI or the Federal Deposit Insurance Corporation (either in its corporate capacity or as the receiver for Washington Mutual Bank), as the case may be. As discussed above, no additional distributions of cash or equity will be made

ron_66271

05/11/22 8:50 PM

#688134 RE: cura asada #688131

SEATTLE, Jan. 9, 2020 /PRNewswire/ -- WMI Liquidating Trust.

Anyone know that date Alice filed? Wasn’t the above put on hold because Alice filed, and until Alice closed.

Alice’s actions finished around March/April of 2021.

Then JPM bragged about having $500 Billion in cash on June 14th, 2021.

Then shortly after the FDIC was demanding indemnifications regarding Globic.

And WMI Non-Debtor Subs started becoming ‘active’ in 2021.


?

PickStocks

05/11/22 8:55 PM

#688135 RE: cura asada #688131

There is nothing coming back….what ever was left went to charity…

ron_66271

05/11/22 9:10 PM

#688136 RE: cura asada #688131

Note That The Press Release is Only Talking About Plan 7 LT.

Everything that is said is true.

Yes there is a Plan 6 LT that lives in WMI Holdings Inc.
Hint; the Suds.

The Plan 7 LT completed its functions of payments to Creditors.

Class 19 still needs to be satisfied.

WK; please distribute the Retained Earnings!


? When the Employee Claimant was closed back in like 2018 or earlier, wasn’t that when a DEE was released?

Pre COOP

Ron