All WMI assets that existed as of the effective date go to the liquidating trust for liquidation. WMIH starts with a clean slate using the cash and line of credit we already know about. Except, come to think of it, for any subsidiary company assets (see: runoff notes). I still am of the opinion they should look very closely at growing the reinsurance biz instead of simply running it off, even if it won't make us billions straight away. As for the tax losses, they aren't strictly an "asset" per se, and they can't be liquidated - they do stay with the reorganized debtor, though.
If there's no benefit to the business or to the shareholders to release info about the intent of the board, then I would expect there to be no information until such time as there *would* be a benefit. Press releases for the sake of making press releases is counterproductive. I do not expect news until there is a clear reason to let the market know what's going on.
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