Mr Cooper Group Inc (COOP)

[mordicai]

People do not understand or remember. The holding company sued in the district court solely against the fdic. JPM then filed the adversary suit in the bankruptcy case . The holding company bypassed the adversary proceeding and filed the Turnover action which is independent of the adversary proceeding. THe adversary proceeding is now stayed. Seems to me this is exactly what the holding company lawyers wanted to happen.