Mr Cooper Group Inc (COOP)

[LuckyPanda]

I always thought employee parachute claims were hopeless unless they can prove that the bank was run well and solvent and the liquidity crisis was out of their control. So, if they just wait until after the old wamu shareholders (escrow) gets paid, they can claim proof of solvency and get the parachute payouts. I think escrow is about to get paid within a month or two. That is the reason why they extended WMILT another 3 years and pushed the employee claims court date to August. They need to delay until after escrow has been paid to have their day in court.