Mr Cooper Group Inc (COOP)

[ron_66271]

Plan 6 -> Plan 7;

The only major change was Exhibit H between the two plans.
510(b).

You need to read the documents.

The Equity Community was granted control of the Liquidating Trust created by AAOC in Plan 6. That means that the Plan 6 LT exists, and was carried through to Plan 7. Didn’t need to be discussed in Plan 7 because it had nothing to do with the Creditors other than Class 19 and some other set aside money for Creditors.

Hint;
• Equity Community Presentation equals the 363 Sales of both Plans.
• February MOR set aside 75% of $20.7 Billion in Treasury Notes for Class 19. Class 19 had a claim against Class 22(The Estate). Class 22 satisfied that Class 19 claim to the Courts satisfaction.

Class 22 owns the Debtor’s Estate.


That we call the Plan 7 LT was only required to satisfy Creditors as needed, and it did!

You really need to read the documents before you respond.
I have posted the links and PDF page numbers.



Ron