Mr Cooper Group Inc (COOP)

[Franconeli]

First was the request to the court to be heard before the appointment of any Trustee to manage the estate. Next, the request to intervene in any approved shareholders meetings. Looks like Noteholders suspect where this case is headed. Full litigation with the EC fighting nearly everyone off. Noteholder is the first to openly state that the examiner report is likely going to come back damaging enough to allow some of these possibilites for a new track of litigation.

People need to prepare themselves for the fact that we are not looking at a quick settlement but all out litigation with a tooth and nail fight against the EC to proceed with BOD and any examiner. This will take months with lots of back and forth wins and losses in court.

Noteholders are trying to get a head start since this case has jumped the tracks for them. Their once assured payout appears to be melting away into a drawn out litigation where Susman takes more and more control. AIMO.