Mr Cooper Group Inc fka COOP

[hotmeat]

Not that I think it will matter at the end of all this, but ALL founding documents for Reits, Wampq, Wamkq and Wamuq's were CANCELLED!

They even stated why this had to be done and it was to allow Commons to receive a distribution with Pref's BEFORE they were made whole.

This was the only way the Absolute Priority Rule could be legally disregarded because under that rule Commons would get nothing.

That being the case it now leaves the POR as the sole governing document that dictates how everything is handled going forward, if applicable.

Selectively quoting any document can falsely support a position even though it's 100% wrong.


Btw, we're all now classified as Equity, Preferred Equity and Common Equity. Again, all clearly documented in the bankruptcy POR.