Mr Cooper Group Inc (COOP)

[hotmeat]

These assets, if correct, are controlled by the WMILT, whose clear mandate is set out in the LT Agreement. There is no ambiguity here or room for alternative interpretations.


1.2 Purpose of Liquidating Trust

The sole purpose of the Liquidating Trust is to implement the Plan on behalf, and for the benefit, of the Liquidating Trust Beneficiaries, and to serve as a mechanism for liquidating, converting to Cash and distributing the Liquidating Trust Assets in accordance with Treasury Regulations section 301.7701-4(d), with no objective to continue or engage in the conduct of a trade or business, except to the extent reasonably necessary to, and consistent with, the liquidating purpose of the Liquidating Trust.