Replies to post #748249 on Mr Cooper Group Inc fka COOP

[novascotiaSTS]

It was stated by Akin Gump (not Brian Rosen) 15 years ago - and it’s totally clear that „retained assets“ was a term used for potential claims against third parties which the LT could have pursued.

such other claims and causes of action which shall be retained by the Debtors, and the proceeds thereof, if any, distributed to creditors and equity interest holders pursuant to the Plan, and the claims and defenses of third parties thereto," and we've defined that as the "Retained Asset Component

In the end the LT decided not to pursue any of these claims.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=176620437

[johnlconfer]

Ray all of the income streams to the reorganized WMI have been verified and documented.
1. The GSA and the PA&A is documented and goes to the reorganized WMI.
2. The non banking subsidiaries are outside of the bankruptcy and belong to the reorganized WMI. This value was $40B in assets and 18 years of income. Confirmed by the FDIC with a letter to Newflow.
3. As reported by Globic the 5th DC court confirmed the beneficiaries of all WMI MBSs cannot be changed and belong to the reorganized WMI. (The income is stored in the three WFB trusts.)
All this has been confirmed years ago!

Semper Fi