Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
7,558.83
(
0.51%
)
US TECH 100
29,423.60
(
0.84%
)
Dow Jones
50,680.21
(
0.07%
)
Brent Oil
92.48
(
0.04%
)
Bitcoin
73,357.07
(
-2.04%
)
News Focus
News Focus

Replies to post #558414 on Mr Cooper Group Inc fka COOP

Replies to #558414 on Mr Cooper Group Inc fka COOP
icon url

mattchew

02/08/19 8:06 PM

#558417 RE: mattchew #558414

Federal Rules of Bankruptcy Procedure

Rule 1015. Consolidation or Joint Administration of Cases Pending in Same Court

(b) Cases Involving Two or More Related Debtors.

https://www.law.cornell.edu/rules/frbp/rule_1015
icon url

mattchew

02/09/19 8:50 AM

#558449 RE: mattchew #558414

The "Retained assets" were retained by the reorganized debtor, not the WMI-LT. The retained assets can only be revealed after the closure of the bk cases.