Mr Cooper Group Inc (COOP)

[warcton]

Here is what TPS attorney James Stoll said in the hearing:

"....As of last night, of course, we heard that there is planned settlement discussions with the EC. Of course, we have not been involved with those, we haven't been approached. We don't know how they are going to settle with equity, if they could, and jump our priority, but I could envision if they do reach some sort of settlement, yet another approach to the court saying Ah!, now we have the EC on board, let's have an August 2nd settlement date. Again I still don't have any documents and I still don't know for sure if what they're going to produce is actually responsive....."

Rosen responds:
......With respect to the timing issue, as the court is aware, we already approached the court's chambers yesterday to talk about the possibility for a confirmation hearing on a particular date. As we indicated in the meet and confer sessions, we weren't looking to jam any of the people by pushing one thing back and giving limited access. So we were going to open access to the depository and push back the confirmation hearing so that there would be an opportunity for people to not only review all of the documents in the depository but as well take whatever depositions are appropriate.....(Rosen then says) September 27,28,29 (for confirmation hearing date?), and Rosen says that TPS will have plenty of time to look in the depository.