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WMI Liquidating Trust to Initiate Final Distribution and Wind-Down of Operations

Jan 09, 2020 - PR Newswire
Bankruptcy

PR Newswire

WMI Liquidating Trust (the "Liquidating Trust") (the "Trust"), formed pursuant to the confirmed Seventh Amended Joint Plan of Affiliated Debtors under Chapter 11 of the United States Bankruptcy Code (as modified, the "Plan") of Washington Mutual, Inc., today announced that, as previously disclosed, on or about January 10, 2020, it will initiate a final cash distribution (the "Distribution") of $39 million. The Distribution will be paid to holders of subordinated claims in Class...