Replies to post #486295 on Mr Cooper Group Inc (COOP)

[Royal Dude]

I agree, No matter how unfair this may sound for those that have released it will cut down on law suits. Imo

[RajuSondh1]

Flow, most like you are right - releases are for Post Bankruptcy, not retrospective. I believe all equity will be covered.

[wamuvoodoo]

1000 % wrong...who told you this nonsense lol...it was a legal document ,so you think they will pay a non released holder and still risk being sued by that holder..lol

[sometimes_right]

NOPE...that would set an untenable legal precedent making any attempt at negotiating a settlement in every future bankruptcy case impossible as it will be assumed the other party will welsh on the negotiated deal and demand more or a re-do. Therefore, not going to happen. The settlement is what it is. imo

Furthermore, the FDIC already has divided-up the extra equity of the non-releasing shareholders among the release-signing Escrow shareholders... how would the claw that back? Many if not most people already sold those extra new WMIH shares and spent the money... Do you want to give that money back now too? No way! imo