Replies to post #705372 on Mr Cooper Group Inc (COOP)

[BBANBOB]

hhHEHEHH out of HOW MANY COURT CASES and all us old farts are supposed to rmeember when.

I can't hardly remember what I had for dinner last night

[Large Green]

It was after mediation which concluded with known results between 12/15/2011 and 3/19/2012

Also the same hearing or close is when Walrath used the phrase, “if the reorg company is worth ten billion isn’t that something I should be concerned with meaning people will get more than they are entitled?”




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[Large Green]

newflow, here is the exact verbiage from the court but could not find the date range

"THE COURT: Well, let me posit this. The valuation
3 comes back that the reorganized debtor is worth ten billion
4 dollars. Isn't that something I have to take into
5 consideration when I determine who is getting the equity in
6 that entity and whether or not those creditors are receiving
7 more than they're entitled to under the plan? "



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