Mr Cooper Group Inc (COOP)

[DanBB]

1/29 hearing just ended regarding the rabbi trusts. They all have 2 weeks to submit final briefings.

I'll let others interpret this as well.. at the end of the hearing:

debtors counsel said "and debtors will have closing arguments now"
walrath, "I'd rather you not"
debtors, "if you prefer your honor"
walrath, "I do" "are we fully briefed on this?"

At this point it was discussed that final briefings were desired by both sides.

I'm not sure how to interpret Walrath's desire to not hear debtors closing arguments. My first impression is that she was ready to rule and didn't feel the debtors arguments would add anything, hence she was going to rule in the debtors favor.

(I'm gone now for the weekend. Everyone have a good one!)