Replies to post #558208 on Mr Cooper Group Inc fka COOP

[AZCowboy]

~ As Soon As That WMI-LT's "Trustee" Gets Off His Duff' ~

and Acts upon the Now Court Approved Order by Adjusting the DCR per Plan 7's 26.3(a), and Addressing the completion of the Plan 7 approved WMI remaining creditor senior debt (Tranche 4) ...

... this was originally set up as a kick the can down the road, way back in 2009' ...

AZ

[clawmann]

The LT cannot even prepare to make distributions until the appeals period expires, which is Feb 22 I believe. So I would not look for any cash until April. And if the employees do file an appeal, then we would have to wait until that is disposed of, and that may take more than a year.