Replies to post #580259 on Mr Cooper Group Inc (COOP)

[hotmeat]

Not getting the point...the UW's claim was based on a supposed agreement with WMI while Marta's was based on a frivolous notion that they were entitled to potential future profits. There is no comparison there based on merit or likelihood of success especially since Marta was already struck down in Fed court.

As I stated before the "letter of the law" could be applied or a more reasoned approach taken to benefit all. IMO, the latter will prevail based on the fact that before the court there is ZERO evidence of additional assets for Equity. This means Preferred classes are not being harmed...1% of ZERO = ZERO!!!.