Mr Cooper Group Inc fka COOP

[KeyKey]

Is there Hidden Value (Safe Harbor) ? Yes or No ?

In document from LT,
http://www.kccllc.net/wamu/document/0812229210605000000000001
there is written following:

Quote: " .. 19.As an initial matter, there is simply no truth to Griffin’s theories of hidden value, theories which have been duly asserted, considered, and disposed of by this Court in connection with Griffin’s objection to the closure of the Chapter 11 Cases. See, e.g., Reply of WMI Liquidating Trust in Support of Application for an Order, Pursuant to Section 350 of the Bankruptcy Code, Bankruptcy Rule 3022, and Local Rule 3022-1, Authorizing Among Other Things, (A) Closing the Chapter 11 Cases of Washington Mutual, Inc. and WMI Investment Corp. and (B) Authorizing the Case 08-12229-MFW Doc 12715 Filed 06/04/21 Page 9 of 15
10 Wind-Up of the Liquidating Trust [Docket No. 12699] at ¶¶ 5-6 (“Unfortunately, Griffin chooses to disregard the separateness of WMI and its subsidiaries and claims that certain assets of WMI’s subsidiaries, especially those of WMB which were seized by the FDIC and sold to JPMC, are assets of the Debtors and the Debtors’ chapter 11 estates. . . . Indicative of these misstatements are Griffin’s numerous references to ‘MBS’ (mortgage-backed securities) and ‘safe harbor’ assets as purportedly belonging to WMI. Worse, these misstatements have created misapprehensions that there are significant recoveries that remain available for distribution to former equity holders upon closure of these chapter 11 cases . . . . [A]ny transactions relating to ‘MBS’ were conducted by WMB and its subsidiaries, not WMI.”).. "

I thought there is proof for Capital Trust (= Hidden Value ?) and so on ?
So what is all about this statement from LT ?
Who can explain ?
Thanks