Mr Cooper Group Inc (COOP)

[Polemarchos_Megas]

Rosen spoiled it:

"equity left the settlement, even though 3rd curcuit does not allow gifting anything to commons"

in the PR they said they tried hard to give sth to commons

Folse stated, that it was not the EC but the debtors that crushed the deal by changing it.

ergo, absolute priority rule was already used flexibly in the first settlement deal. I think now it will go on from there probably giving more to equity, both Prefs and commons.


EDIT

Yet AKIN Gump said that he sees now way that commons will see anything