Replies to post #538706 on Mr Cooper Group Inc (COOP)

[mattchew]

The creditors had no claim to the Debtor's (WMI/WMIIC)cash/assets!

"Joint Administration for Procedural Purposes Only"

Did you notice not one creditor ever objected to shareholders receiving shares of the reorganized debtor, they understood that they had no claim against the reorganizing debtor! Only shareholders did/do!