Mr Cooper Group Inc (COOP)

[Franconeli]

Catz, sorry to go to you as the spokesperson, but I have dropped off this board since the settlement was announced and we received new shares and interest in old company equevelent to the settlement note holders.

The chatter that I'm reading implies that the new company is someway capable of being a recipient of the assets of the old company. I'm unsure how this would be possible, since the since the purpose was to leave assets with the estate.

What am I missing here that people believe that the new company has hidden assets other than the initial funds given by the court?

From my understanding of BK, it would highly improbable that assets of the estate would be turned over left with the new company.

Please correct me if I'm wrong. But, the settlement allowed for shares in the new company and remaining interest of what remains in the old estate after the debts are paid?

Thanks for helping. I know this is probably well tread ground, but since I was here back in the beginning, I don't feel too out of place asking a few questions.

Thanks again.

p.s. Big fan of Cats. They don't need anybody really.