Mr Cooper Group Inc fka COOP

[ItsMyOption]

Nightdaytrader, it is again the ambiguous language within 23.1 of the Plan – Class 19 “Treatment of Preferred Equity Interests and unclear Pro Rata Share of seventy five percent (75%) that could turn that 72MM claim to be worth billions if not caped.

Note: I have received letter from Rosen with CC to UST that appear to make one think that the underwriter claim follows 23.1 of the Plan that has that 75% language in it. If that is true it very much dilutes all other distributions.

Ok, here's another dumb question... If we're getting back billions, why do we care so much about the underwriters and their $72M? To be honest with you, if it was me, and I was King for the day, after 10 years, I would give them then $72M. Why bog this case down for who knows how long, trying to change their claim on $72M years ago? What official is really going to intervene now, after all these years of doing nothing, and try to straighten this out?