InvestorsHub Logo

Lawrence 147

03/24/09 10:11 AM

#59866 RE: liu #59864

That may not be possible, chapter11 is only for protection and reorganization. WMI may not want to sell what it has left to JPM, only to be made whole and to continue with its operations and business as usual. At that point WMI should receive a cash settlement for what is owed and damages, attorney fees and court cost of course.Just one possibility