Replies to post #167354 on Mr Cooper Group Inc fka COOP

[uzualsuzpect]

thanks. when should I sell? do you have a broker that can take my shares to sell now??? Please????? You have been very helpful and your DD is stupiddnous.

[Hurlserv]

Nobody will be awarded damages in bankruptcy court.

Perhaps not "damages" per se, however, should a settlement agreement between all parties include funds which are equivalent to the amount a damage suit could reasonably return; and, if such a settlement was agreeable to THJMFW it would have the same effect.

Additionally, it would be considerably less expensive, time consuming and embarrassing to the loser(s). IMO the loser(s) would be JPM and the FDIC.

[Bizreader]

The idea that the damages are out there to be litigated is what brings reasonable settlement offers to the table. That is a "given".

Yes, BK court will not reward WMI with damages from another company.