Mr Cooper Group Inc (COOP)

[Polemarchos_Megas]

I might add:

"Because the Court is denying confirmation for other reasons,
and directing the parties to mediation..."

We can say for sure it was not IT that killed the plan. IMO IT just brings in more value for equity. It seems to me that the judge would have killed the plan anyway, because of releases or undervaluation of WMMRC or because creditors are getting more than they should.

What is crucial is that she is not really stating 100% clear what brought down the plan. That might add leverage to EC's position, although my pick would be the releases.