Replies to post #498775 on Mr Cooper Group Inc (COOP)

[AZCowboy]

~ Johnny (B), Nope The Rule Is In Play For All Litigation ~

This six year rule is a basic’ time limiting function’ ... for all litigation ...

AZ

[AZCowboy]

~ ADDED, ~

Johnny, ... the reference to the, five year time limit, is an IRS Rule, for a corporate structure to use its Capital Loss Allowances, once exiting into a reorganization ...

I originally thought that our time limit to use these massive Capital Losses’ ... were going to expire at the five year date of Plan 7’s implementation ... however, ... I missed Judge Collyer’s ... Stay ... originally placed on the D.C. Action ...

Now, obviously and thankfully, ... Globic’ and the D.C. Action have all been completed ...

Was that better in answering you ?

AZ