Müssen wir oder müssen wir uns nicht anmelden? ??????
newflow
Re: None
Thursday, August 17, 2023 2:23:39 PM
Post# of 714190
ESCRWOS AND BENEFICIAL INTERESTS IN LIQUIDATING TRUST are/were two different animals.
"Escrow CUSIPs were issued solely to facilitate potential
future distributions of equity shares of Reorganized WMI, if any, to such eligible former
shareholders of WMI if Claims involving Disputed Equity Interests were disallowed"
"Tax forms must be sent to your Voting Nominee, along with the completed Beneficial Holder Ballot.
In order to be eligible to receive a distribution from the Liquidating Trust, you must provide the requested
tax information in a timely manner so as not to forfeit your distribution. See Plan §§ 28.14(c), 29.13(c).
Page 7/13
personal.fidelity.com/misc/wamu/...cial-Ballot-93934W-AA-3.pdf------------------------
c. Information to be provided before an LTI is issued
If you were entitled to vote on the Plan and submitted a properly completed Ballot
to Kurtzman Carson Consultants, LLC (“KCC”) in connection therewith, you will not
have to take any further action before your LTI(s) can be issued because a properly
completed Ballot included all requisite information. Otherwise, before an LTI can be
issued to an eligible claimant pursuant to the Plan, such claimant must provide certain
information to the Debtors’ claims agent, KCC, who will then validate the
information and provide it to the Trustee. Such information includes the name and
contact details of the claimant who shall be the beneficial holder of the LTI when
issued and tax certifications such as a W-8, W-9, etc. Additional information
regarding the information that must be provided before an LTI can be issued is
available on KCC’s website at
www.kccllc.net/. If such information is not
provided, the applicable LTI cannot be issued by the Liquidating Trust.
Page 12/27
www.kccllc.net/documents/8817600/8817600210115000000000001.pdf"6. Can an LTI be held in a Liquidating Trust Beneficiary’s brokerage account?
In order to satisfy applicable U.S. federal withholding tax requirements, all LTIs must be
held in the name of the beneficial holder and cannot be held in the name of a broker(or other
nominee).
CONCLUSION: LTIs and Escrows are two different things.LTIs can't be issued to brokerage accounts.
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Given this context and adding the info from 2017,2018 and 2019 10-Ks of stating WMILT was not consent to giving info on transferring LTIs in certain circumstances using certain vehicles and distribute the assets after dissolution of those vehicles for those beneficiaries who owned beneficial interests in those vehicles prior to transferring LTIs.
" Under certain circumstances, transfers of LTIs have been permitted upon the winding up or dissolution of vehicles that previously held LTIs on behalf of such vehicles or the beneficiaries thereof. There can be no assurance that the Trust will consent to any such transfers in the future."
2017 WMILT 10-K
www.sec.gov/Archives/edgar/data/1545078/...41/d503450d10k.htm"Subject to certain limited exceptions, the Liquidating Trust Interests are not transferable or assignable.
LTIs are not transferable or assignable except by will, intestate succession or operation of law. Accordingly, there is no liquid trading market in the LTIs. Under certain circumstances, transfers of LTIs have been permitted upon the winding up or dissolution of vehicles that previously held LTIs on behalf of such vehicles or the beneficiaries thereof. There can be no assurance that the Trust will consent to any such transfers in the future."
2018 10K
www.sec.gov/Archives/edgar/data/1545078/...49/d658548d10k.htmNo such mention of the above language in 2016 10-K.
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