Bizreader, you mentioned talking about Safe Harbor assets that AI cannot properly answer.
I can if you look below at what Akim Gump’s lawyers spoke about to Judge Walrath in open court. Yes, they spoke about assets but these could not be allowed in an active bk case because they are bankruptcy remote, safe harbor protected.
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Also One of My All-time Favorites – The WaMu “Holy Grail” – Your Honor, The Assets Will Still Be There – The EC Can Go After Them Later
2. Pages 70-72 of Transcript Link Below
We also have in there the part (b) of what is to be retained, and that is because in negotiations that we had with all of the settling parties, with the equity committee last week, with the FDIC, we did talk a great deal about the concept of the retained ASSETS.
Now, it's my position, Your Honor, that the examiner doesn't need to do much with the retained assets other than say the assets are retained and therefore the liquidating trust can go ahead and pursue them. They will still be there; they can be carried through. But I understand that the equity committee is very interested in having a neutral third party do an investigation of those retained assets.
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