Replies to post #522609 on Mr Cooper Group Inc (COOP)

[jerrylev]

And they are not even creditors except for TPS who was a kind of creditor. And TPS accepted to sign release after meeting with MW and asking for an additional few millions that were laughable. It's like with the 75/25 distribution, they are short of a few millions to get full face value and so they asked for a few more millions.

Without the APR kind of violated between class 19 and 22, common may get nothing, not even WMIH shares in the last 6 years.

Between classes 2 and 18 then APR is strictly followed.

There is no such things such as PIERS getting impaired or small claims ignored.

By the way, around July, the old employees will have to settle their claims or the Walrat court will close down and will not hear their claims anmore. This is per an SEC filing a few months ago and it is not speculation.

[BBANBOB]

Hotmeat

""""PRECEDENCE ALREADY SET IN THE CASE is it not??????????????"""


IN THIS CASE it was unprecedented until it was changed and
NOW IT IS PRECEDENCE IN THIS CASE is it not?????????????

Just as I said

[mattchew]

All the creditors of WMB have or will be paid!

The POR7 required the participation from equity to approve the plan of reorganization of The Debtors and The Debtors in Possession!

The Debtor did not have any shareholders!

Facts are difficult to decipher!

"Violating APR is not an unprecedented act by any means when all Creditors voluntarily accept the plan."