Mr Cooper Group Inc fka COOP

[Lawrence 147]

Mordicia; this is what bothers me about the wording of the article. Gives the shareholders control of the company after the company exits bankruptcy. Wouldn’t this tell the court that Equities money is being held hostage for the benefit of some entity that is undeserving. To me giving Equity control after the bankruptcy is akin to holding a child hostage and no less criminal in its very nature. It would also seem to me that the only win possible comes with the Equity having control of the estate and its future litigations. So is it logical to conclude that with future litigation back in the mix for anyone to get their release they would need the cooperation of the EC? Hence the EC is for all intense purposes in control now.