Mr Cooper Group Inc (COOP)

[Polemarchos_Megas]

Well after crosschecking the opinion again.

There are only two mentions of mediation

"Because the Court is denying confirmation for other reasons,
and directing the parties to mediation, the Court suggests that
the parties consider a means to avoid negative tax consequences
to creditors." 101-102

and

"Therefore, before the Equity Committee proceeds with its
claim any further, the Court will direct that the parties go to
mediation on this issue, as well as the issues that remain an impediment to confirmation of any plan of reorganization in this
case." 139

IMO this means all the parties. And it means more than IT, since she states " as well as the issues that remain an impediment" (Releases, stock/NOLs distribution in newCO, maybe Role of TPS (the reason for POR7 imploding) etc...)

in the order she also states ALL PARTIES.

To me it looks like this:

Judge says,look, i keep GSA intact if you guys find a solution that pays everybody. Otherwise EC action will start probably bringing down the GSA and not just the plan. Also TPS is on the horizon so be quick.