Simple logic makes sense: TAB was there with 4 members from Equity classes, Why?.
So TAB's equity members were appointed in 2012 thru Dec 2019, just for fun with salary?. Why would senior noteholders like hedge funds entertain that and court allowed it?.
Restated and Amended Liquidating Trust Agreement, what were the terms, who were the parties...nobody knows except two admins, THJMW, and other parties signed to that agreement.
To donate a charity, Kosturos had enough experience he could have done that, there was no need to appoint two former executives to appoint as admins after closing.
Mr.Smith's profile on linkedin says that he is still working for WMILT, that says it all in a indirect way. Honorable judge Douglas Southard profile reflects the same.
MW in recent times mentioned that he won Billions as an equity chair.