Mr Cooper Group Inc (COOP)

[hotmeat]

Based on my original post, I was querying the ability of the LT to accept WMIH shares for Estate assets. The POR states exactly what the purpose of the LT is, and is not.



ARTICLE XXVII....THE LIQUIDATING TRUST: pg 65 of POR V7


27.2 Purpose of the Liquidating Trust: The Liquidating Trust shall be established for the sole purpose of liquidating and distributing its assets, in accordance with Treasury Regulation section 301.7701-4(d), with no objective to continue or engage in the conduct of a trade or business.

AIMHO