Mr Cooper Group Inc (COOP)

[ron_66271]

Totally Worthless Discussion.

Based on your premise;
The Class 19 no longer has a claim?
Nor Class 22?!?!
No claim, no money for you Because the Prospectus was canceled.


The cancellation of the Prospectus was in regards to the trading shares and because APR was removed because Class 22 set aside a cash reserve to satisfy all outstanding claims against the Estate.

Class 22 therefore owns the Debtor’s Estate.

75/25% ends with The Retained Earnings held in Treasury Notes that the Court approved in Plan 7.

The Plan 7 LT payed off the Creditors.
The February MOR proved how Class 22 will pay Class 19.
Now ~2.5X.

Series R performance payments are a different topic.
As I have proven with links.

Same for the fact that the Equity Community took control of the Plan 6 Liquidating Trust as requested.
Plan 6 Liquidating Trusts; The Real Assets that AAOC was trying to hide in Plan 6 LT that transferred into Plan 7.
The Court only needs to see how the Debtor is going to satisfy outstanding claims against the Estate.



Ron