Mr Cooper Group Inc (COOP)

[marayatano]

I am unaware if the claim was modified later, however, the document I posted is the Order approving the Stip, so, imo, I don't believe the order/stip has been modified since the Order is considered a final document and it settles the claim.

The PFG claim is the only subordinated to equity (other than the Dimeq 8.xx% portion) I know of. There may be more, but I do not know.

This subordinated to equity is, imo, pertains to only common's share (25%), and not the preffereds.

I know the proposed order mentioned "Claims subordinated to the level of
Equity Interests", however, does not specify commons only or equity in whole. The Order/Stip/Claim mentions that the subordination is to common equity interests, or treated similarly to equity interests.

The proposed order and order/stip does not specify the conversion rate.

I believe Susman & co/Willingham knew about it.

I did not look further in to this because it really pertains to commons and didn't have an effect on me as I saw it.


imo