Replies to post #465818 on Mr Cooper Group Inc (COOP)

[ReikoBlack]

From WMIH's latest 10-Q. Pg. 29

"Our wholly owned subsidiary WMIIC has no assets or liabilities and we are beginning the process of dissolving this entity."

https://www.sec.gov/Archives/edgar/data/933136/000156459016022986/wmih-10q_20160630.htm
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Why does it say "we",(we = WMIH) if the WMILT is involved in the dissolution of WMIIC?

Why doesn't it say 'Our wholly owned subsidiary WMIIC has no assets or liabilities and the WMILT are beginning the process of dissolving this entity.'?

WMIH doesn't dissolve WMIIC.

WMILT does.

[bkshadow]

tanjazielman, sorry, WMIH announced plans...

...to dissolve WMIIC.

10Q 6/30/16

Our wholly owned subsidiary WMIIC has no assets or liabilities and we are beginning the process of dissolving this entity.

...WMIH is the Reorganized Debtor.

...that is totally different than WMILT; the WMI Liquidating Trust which handles the debtors wrap up after Plan Confirmation.

tanjazielman

WMIH doesn't dissolve WMIIC.

WMILT does.

...so, yes, WMIH plans to dissolve WMIIC.

https://www.sec.gov/Archives/edgar/data/933136/000156459016022986/wmih-10q_20160630.htm