Mr Cooper Group Inc (COOP)

[invest1980]

What am I missing here? In the BK, DIME was deemed to be equity and received shares in WMIH at a certain exchange rate.
the Anchorage litigation Value was than transferred to JPM. As the Anchor litigation progressed, the government, as defendant, tried to argue that JPM was not a party in interest and tried to get the case thrown out, and failed per Judge Blacks ruling.

I seem to recall that after Walrath made her ruling, one of the original authors of the DIME LTIs made a late filing that the DIME LTIs were never intended to be equity, but ruling had already been made (more JPM stolen goods). So it seems to me that JPM will be getting all that money.