Replies to post #135700 on Mr Cooper Group Inc fka COOP

[thinkpink]

WAMUVOODOO ON WAY TO COURT.....HE IS ALMOST THERE STAY TUNED!!!!!!!

[hestheman]

I am interested in knowing what the reorg plan will be (see an earlier post of mine). I believe that is something we must keep our eyes on as well. If the company reorganizes into a valid business entity again will they cancel all previous shareholders out and reissue new shares in a new company? Can they do this once out of BK? Would that then leave pre seizure shareholders to go after JPM on their own with other lawsuits? Something to ponder on.

[argc]

I believe today the EC will be formed. And then UST will notice the court ,Weil might have a motion to object the EC ,and then Judge will ruled on the motion itself but in the meantime,EC is formed already and lawyer of the EC can present in the court.