Mr Cooper Group Inc (COOP)

[hotmeat]

There are 3 provisions by which the LT can be dissolved....

1) All of the LT's Assets have been distributed.


2) The remaining LT Assets are not worth pursuing.


3) With all required distributions having been made by the Trustee, if the expense of a final distribution exceeds the remaining Trust assets,...as such the LT may apply to the Court to reserve any amount necessary to dissolve the Trust.

Note: To be granted a second 3 year extension requires a PLR from the IRS or the opinion of counsel that this extension would not affect the LT's Federal Income Tax status and is necessary to complete the recovery and liquidation of the Liquidating Trust Assets.