11 liquidating

(together with WMI, the "Debtors"); (ii) the Trust's ability to resolve disputed claims; (iii) risks associated with any litigation and other claims that might be brought against the Debtors or by or against the Trust in the future during the term of the Trust (the initial period of which was three years and was extended for up to three years); and (iv) there is no liquidity for the Liquidating Trust Interests, which are non-certificated and non-transferable other than by will, intestate succession or operation of law.Contact Join PR Newswire for Journalists to access all of the free services designated to make your job easier. Submit a free Prof Net request and find the sources you need.We represent financially troubled debtors, advising them on ways to avoid bankruptcy proceedings by negotiating with secured and unsecured creditors, collecting assets, liquidating claims, and selling off assets.We help creditors recover pledged collateral and realize upon liens and security interests.("WMI"), today provided additional information regarding certain Escrow CUSIPs issued to eligible former shareholders of WMI.

The Trust will issue Liquidating Trust Interests to WMI's former shareholders if the Trust is able to monetize Liquidating Trust Assets in amounts sufficient to pay-in-full claims held by beneficiaries of the Trust who are senior to members of Classes 19 and 22, and if a shareholder satisfied all conditions applicable to receiving any such Liquidating Trust Interests.The Plan and additional information about WMI Liquidating Trust can be found at Cautionary Statement Regarding Forward-Looking Statements This press release may contain certain estimates, statements of belief and assumptions that may be deemed to be "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and/or covered by the "Bespeaks Caution" doctrine applied by the courts under the antifraud provisions of the federal securities laws.In addition, the Trust files a Quarterly Summary Report with the Bankruptcy Court and under Form 8-K with the Securities Exchange Commission.Capitalized terms used and not otherwise defined in this Press Release have the meanings given to such terms of the Plan.

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