Replies to post #405738 on Mr Cooper Group Inc (COOP)

[bkshadow]

LG, speak ONLY for yourself...

...please.

I use facts and realities, reference documents, etc., and I would expect that you would not attempt to interpret, expound or expand upon such "in alignment with your theory" but to my attribution "which is 180 degrees in opposition."

According to BKshadow, bankruptcy case is over

For intents and purposes, after the confirmed plan and move to the post plan confirmation "liquidating trust," the bankruptcy 'case aspect of the plan is OVER.

which he MUST mean...

It means what it says. Period.

that leaves Piers impaired...This leaves the rest for equity just like the Payout Matrix shows.

No, they aren't left "impaired" as to their "interests" in the liquidating trust. The TERM IMPAIRED has the most meaning regarding the creditor class and its vote regarding plan confirmation.

The PIERS, an IMPAIRED CLASS, voted overwhelmingly to APPROVE THE PLAN.

BTW, as bankruptcy investors know, an impaired class that approves the plan waives objection as a class with regards to any adherence to the Absolute Priority Rule.

The PIERS, in the liquidating trust claims tranches, has been paid certain amounts already, and will continue to be paid in this tranche, ahead of other classes (such as equity classes that DO NOT have liquidating trust "interests" to date, they have escrow "markers."

and with that I would add investors with Few/ Zero escrow shares should move on.

This is the WMIH iHub message board, FIRST AND FOREMOST. Unfortunately, there is a large residual "escrow" commentary which has been allowed by iHub and the MODs to continue in this forum. That is their decision.

However, to infer that "only escrow 'hopers, "holders," can participate in the WMIH stock message forum and other should MOVE ON, is an odd articulation at best.

[onco]

please expand on what this post means it appears to be at odds to your prior posts ie few in escrow=move on and the rest to wmih ?????? TIA

[Donotunderstand]

LG

Piers will be paid

The LT is in business and exists post and post until it finishes its job

With and LT in business and CA Tax refund coming - one guess who is going to get that money

And WMIH has to pay 13% or pay cash for paper they gave to LT