Mr Cooper Group Inc (COOP)

[marayatano]

Well, imo, the shares of the reorganized debtor is pretty much a given.

I would probably use the old settlement as a template for today's settlement (assuming there is one of course).

Being millionaires was almost guaranteed after the 5 year carry backs kicked in, however, the split was not in WMI's favor. Some of us may still be millionaires even with 20% face. =)

The question becomes: What is the split amongst the various parties re: the reorganized debtor?

We are likely to have interest in a liquidation trust and possibly a litigation trust.



imo