Mr Cooper Group Inc (COOP): We have all agreed from day one that Saf...

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Re: boarddork post# 547251

Friday, 11/16/2018 8:43:51 PM

Friday, November 16, 2018 8:43:51 PM

We have all agreed from day one that Safe Harbor assets are bankruptcy remote and therefore exempt from bankruptcy rules.

Please explain how Safe Harbor, bankruptcy remote assets could have been included in the POR or any LT filings which are both bankruptcy documents in a still active bankruptcy case?

This IMO is why only "certain" assets were transferred to the LT on the ED in 2012, because those any Safe Harbor assets available would have been unrecognized by the bankruptcy and also the WMILT.

25.2 Cancellation of Common Equity Interests:.., on the Effective Date, ALL Common Equity Interests shall be deemed extinguished and the certificates and ALL other documents shall be deemed cancelled.

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