Mr Cooper Group Inc fka COOP

[hotmeat]

My understanding of Administrative Dissolution is that it deals with an entity's failure to comply with procedural requirements as required by it's State of incorporation.

This IMO is more of a regulatory action rather than a financial undertaking since similar actions were performed as evidenced by the dissolutions of WMIIC and ??WMMRC??.

While I do agree that the POR seems to indicate otherwise i'm cautiously optimistic that my common sense view is accurate since too many times in the past our layman's analysis of the documents have been proven 100% incorrect.



EDIT: re your last post...weren't those intercompany claims cited under the purview of being LT Assets rather than the Piers Claim which was a DEBT of WMI, now the WMILT? That IMO is the significance of delineating between WMI/WMIIC's intercompany claims and Piers Claims issued between WMI/WMCT.