Mr Cooper Group Inc (COOP)

[doomie]

I'm not sure one should interpret this as positive as you do.

For me, it sounds like the following:

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Ok, we dont care about the releases any more and will deal with any class action law suits at the appropriate court. Let's just get through with the case now.
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As Mr. Rosen wrote in his "Notice of Hearing [...]", he intends to change the POR/GSA that way that the releases will not be included anymore. I actually do not think he would write that if it's not agreed by JPM/FDIC/... . So what is actually left for us shareholders? OK, we do get a position in the Liquidation trust board, but come on, I think once this case is over, there wont be much attention left and these people will just do whatever they want.


Is there any hard evidence why it should not go the way Rosen intends to at this very moment? I only see a chance if there will be some kind of appeal by the EC or the UST or whomever else is 'fighting on our side'.


I'm open to every other well-based opinion at this moment!

Best regards,

doomie