Do you realize what THJMW would have to ignore or find irrelevant to confirm this iteration of the Plan?
-She have to NOT impose FJR on the SNs to therefore put equity in the money and take over the BK process.
-If she does impose FJR, she have to allow the Debtor to also hide/redirect that money away from equity in order to maintain control.
-She have to find that the valuation of the Debtor is sound and that WMMRC is simply in runoff and only worth $140M and no one who controls WMMRC would even attempt to utilize the NOLs.
-She'd have to ignore ANICO and Stern as if they never happened.
-She have to find nothing wrong/no proof of this:
http://www.kccllc.net/documents/0812229/0812229110712000000000032.pdf
If you haven't yet read it and you want to feel good about our chances of another denied confirmation and possibly a reversal of F&R on the GSA, take the time and read it. It'll make you feel warm and fuzzy all over.