Mr Cooper Group Inc (COOP)

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AI -Based on the search results provided, Liquidating Trust Interests refer to the beneficial interests issued by the WMI Liquidating Trust to creditors and former equity holders of Washington Mutual, Inc. (WMI) in exchange for their claims against or equity interests in WMI under WMI's Chapter 11 bankruptcy plan that became effective on March 19, 2012.
The key points regarding Liquidating Trust Interests are:
They represent beneficial interests in the WMI Liquidating Trust, which was established to liquidate and distribute certain assets of WMI to its creditors and former shareholders under the bankruptcy plan.
Liquidating Trust Interests were issued to holders of allowed claims against WMI (creditors) and former WMI shareholders in exchange for their claims/equity interests in WMI.
Holders of Liquidating Trust Interests are entitled to receive pro rata distributions from the assets held by the Liquidating Trust as they are monetized and distributed.
Liquidating Trust Interests are generally non-transferable except by will, intestate succession or operation of law.
So in essence, Liquidating Trust Interests represent the new securities issued to WMI's pre-bankruptcy creditors and shareholders, entitling them to a pro rata share of the distributions from the Liquidating Trust's assets under WMI's confirmed Chapter 11 plan.