Replies to post #141755 on Mr Cooper Group Inc fka COOP

[rramirez82]

Thanks Mordicai. Reading Viv's post was the only insight I received on the facts surrounding the $39B claim. Piercing the corporate veil isn't limited to nickel and dime entities - check out Sinclair Oil v. Levien. It's a case I covered last year in my Business Associations class and it clearly articulates the broad scope of the doctrine. I don't think the standard would work here though because of the facts Viv stated and as you mentioned, the bankruptcy avoidance powers. Moreover, the $39B is really FDIC/JPM's problem now.

[Lawrence 147]

Starting to look like only a couple of billion left out there to deal with. Even without the NOL’s. Looks more like A>L already to me. Just waiting on the damages.