Replies to post #80455 on Mr Cooper Group Inc fka COOP

[Chiron]

Yep.

[survivor Spain]

I think JPM's answer is in doc 66.

and I think this is what the BK judge has to rule on now. We may see a counter-answer again from WMI in between, or see if this is dicussed during the hearing or we may see the ruling beforehand.

The ruling that I expect to happen even before the hearing is the one about discovery.

What I do expect too, is a request from WMI to exted the exclusivity period to submit the restructuring plan. The reason is clear: the explicit reason for the discovery is to include in the restructuring plan the possible extra-value for the state that arises from the discovery. This was almost literally written in the discovery motion that the judge approved previously.

So, as far as I can see ...with the motions for stay or dismiss taken care off, the actions in BK now are:

- about the 4B / Adversary proceeding ..
- about the discovery
- about the extension of exclusivity period.

In parallel we have the DC process against FDIC and the Texas action initiated against JPM by some shareholders. These ones will take longer to mature than the BK one.

Maybe I miss something.

Cheers.