Mr Cooper Group Inc (COOP)

[LuckyPanda]

newflow that is an interesting statement...

"What is an escrow CUSIP? A CUSIP number is a unique identifier assigned to a
particular security. An escrow CUSIP is a placeholder representing the amount of shares
held by the former holders of equity interests or the principal amount held by former holders
of notes. An escrow CUSIP is not an “official” security designation, and it is created solely
for record-keeping purposes. The escrow CUSIP number shall only represent the right of
such holder to receive potential future distributions under the Plan on account of the old or
cancelled securities or as holders of beneficial interests in the LBHI Plan Trust."


The markers may give us the right to receive...i.e. proof of beneficial interest to those remote bankruptcy assets in the DST. However, it doesn't say the DST trustee has a fiduciary responsibility to track us down and return those assets after the bk.

The question still needs to be answered by legal counsel familiar with DSTs.

Do we need to file a claim with our escrow markers for those remote bankruptcy assets now that the bk is over?