Replies to post #498565 on Mr Cooper Group Inc (COOP)

[Olti100]

Hi Prelude.

I meant the piece in red becouse the ruling made it pretty clear that the Debtors owned those Subs too.


https://www.courtlistener.com/opinion/2187817/in-re-washington-mut-inc/


[4] WaMu Asset Acceptance is an affiliate of the Debtors pursuant to the definition in section 101(2)(B) of the Bankruptcy Code as a "corporation 20 percent or more of whose outstanding voting securities are directly or indirectly owned . . . by the debtor." 11 U.S.C. § 101(2)(B).

And if the WAMU Asset Acceptance is an affiliate of the debtors" mean and applies that other WMB Subs and are the Affiliates of the Debtors too.Lovelly.Thanks for the DD Prelude.