Replies to post #707776 on Mr Cooper Group Inc (COOP)

[ReikoBlack]

As was stated in the Declaration Of Michael Willingham In Support Of Confirmation Of The Seventh Amended Plan Of Reorganization, "the Court issued an opinion finding the Global Settlement to be fair and reasonable". The Global Settlement encompasses all parties.

"The Fair & Reasonable statement wasn't meant to just strictly encompass Equity, it was to encompass all parties."

Your statement above is what is called 'trying to re-write history'. The "F&R" Statement was made in the context of seeking the "Releases" from "Equity Holders" of WaMu and NOT "All Investors".

[ReikoBlack]

I'll do you one better.

From the DISCLOSURE STATEMENT FOR THE SEVENTH AMENDED JOINT PLAN OF AFFILIATED DEBTORS PURSUANT TO CHAPTER 11 OF THE UNITED STATES BANKRUPTCY CODE...

https://www.kccllc.net/documents/0812229/0812229111212000000000005.pdf

"Similar to the prior versions of the Debtors’ plan of reorganization, the Seventh Amended
Plan is premised upon and incorporates the terms of the Global Settlement Agreement (defined below), which the Bankruptcy Court has determined is fair, reasonable and in the best interests of the Debtors’ estates."